EUR/AUD Potential Short-Term Downside Pressure after Upbeat China Data

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/05/f-china-au2.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/05/f-china-au2.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/05/f-china-au2-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>China’s Q3 GDP, Retail Sales, and Industrial Production for September beat expectations. China’s Country Garden is still at risk of an imminent default as its grace period of overdue bond coupon payments of US$15.4 million expires today. The FX market is ignoring the default risk of Country Garden as the offshore yuan (CHN) has continued […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/523491-eur-aud-potential-short-term-downside-pressure-after-upbeat-china-data/">EUR/AUD Potential Short-Term Downside Pressure after Upbeat China Data</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>