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January 8, 2025

AUD JPY Holds Steady Near 98 50 After Australia’s Inflation Data

AUD JPY is observing a recovery from its small daily losses, trading around 9840 during the Asian session on Wednesday. This comes after the release of the latest monthly inflation data from Australia. However, the Australian Dollar AUD is facing challenges against several of its peers. Investors are watching closely to determine the longer-term impact these inflation numbers may have on the Australian economy and currency performance.

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