EUR/AUD Technical: AUD’s Underperformance Remains Sticky

<p><img width="612" height="428" src="https://www.actionforex.com/wp-content/uploads/2022/12/f-eur-aud4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/12/f-eur-aud4.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/12/f-eur-aud4-600×420.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/12/f-eur-aud4-150×105.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/12/f-eur-aud4-300×210.jpg 300w, https://www.actionforex.com/wp-content/uploads/2022/12/f-eur-aud4-601×420.jpg 601w, https://www.actionforex.com/wp-content/uploads/2022/12/f-eur-aud4-100×70.jpg 100w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Current bout of risk-off behaviour has triggered an underperformance of higher beta risk-sensitive currencies such as the AUD. China Premier Li Qiang’s speech in Davos has signalled “a lesser need” for China to enact massive stimulus measures which in turn may see lesser industrial commodities exports from Australia in the near term. AUD’s weakness has […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/535618-eur-aud-technical-auds-underperformance-remains-sticky/">EUR/AUD Technical: AUD’s Underperformance Remains Sticky</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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