EUR vs AUD
Fundamentals favour the Australian Dollar by 52 points.
On the Macro Currency Strength Meter, the Euro scores -40 and the Australian Dollar scores +12 — a gap of 52 points in favour of the Australian Dollar. The widest divergence is in interest rates, which favours the Australian Dollar. All else equal that gap is a fundamental tailwind for the Australian Dollar against the Euro — though markets may already have priced much of it in.
Pillar comparison
Which currency wins each macro driver| Driver | EUR | AUD | Edge |
|---|---|---|---|
| Interest Rates | -50 | +65 | AUD |
| Growth | — | -31 | EUR |
| Positioning | -56 | +26 | AUD |
| Risk Mood | +0 | -7 | EUR |
| Commodities | — | -37 | EUR |
Strength gap over time
EUR minus AUD fundamental score — above zero favours EUR. The gap is currently -52 and narrowing.A widening gap means the fundamental edge is growing; a narrowing gap means it’s fading. Educational macro context, not a trade signal.