AUD/JPY Plummets Below 96.00 as Geopolitical Optimism Caps Losses
AUD/JPY takes a step back, trading around 95.80 during the European session on Tuesday. The currency pair sees a decline as the Australian Dollar (AUD) stays under pressure despite an uplift in Westpac Consumer Confidence. The overall sentiment remains cautious due to geopolitical tensions, limiting the downside movements. Investors are keeping a close watch on any developments that could influence the pair. The 96.00 level might represent a significant psychological barrier. Observers await key economic data that could further impact the AUD.