AUD/JPY Maintains Gains Near 9700 Despite Market Volatility
AUD/JPY continues its upward trend, holding around 9680 during Monday’s European trading hours. This currency pair has gained momentum for the third consecutive session as the Australian Dollar (AUD) strengthens. The potential for the Reserve Bank of Australia to maintain interest rates in August further supports this movement. Despite increased safe-haven demand in other assets, AUD/JPY holds its position, showcasing resilience amid fluctuating markets. Traders should remain alert to developments that could impact this pairing as interest rate decisions loom.