AUD/JPY Recovery Highlights Positive Risk Sentiment
The AUD/JPY currency pair has shown resilience, rebounding above 98.00 during Thursday’s early European session. This recovery comes after a three-day losing streak, bolstered by an optimistic risk tone in the market. A decline in Japan’s foreign stock investments has further pressured the Japanese Yen (JPY) against the Australian Dollar (AUD). Market sentiment will play a crucial role in influencing this pair’s movement in the coming sessions. Traders should keep an eye on developments that could shift this positive risk sentiment.
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