Flash: AUD continues underperformance on Thursday - OCBC Bank

FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that AUD continued to underperform across the board on Thursday and looks to remain under pressure.

Key Quotes

“In the near term, expect the 0.9400 level and the 55-day MA (0.9409) to continue to cast a shadow on upside prospects.”

“Any potential EM jitters or global growth concerns may also potentially pull the pair back towards the 0.9250 neighborhood.”