AUDJPY retraces its previous losses, trading around 94.50 during the Asian hours on Wednesday. The Australian Dollar (AUD) gains ground as the Japanese Yen (JPY) struggles following remarks from US President Donald Trump about potential tariffs on Japan. Market analysts suggest that the optimism surrounding the AUD can be attributed to the possibility of trade implications being favorable for Australian exports. As investors digest these developments, they must be mindful of potential volatility as the situation unfolds. The AUDJPY may present opportunities for traders as they consider the broader economic landscape and ongoing tariff discussions.