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May 2, 2025

AUD/JPY Surges Past 93.00: Eased US-China Trade Tensions Drive Momentum

AUD/JPY is enjoying its third day of gains, currently floating around the 93.20 mark in the Asian trading session. The cross is being propelled by a strong Australian Dollar (AUD) amidst positive market sentiment linked to easing trade tensions between the U.S. and China. This development is particularly beneficial for Australia due to its significant economic relationship with China.

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