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Posted by
Two Blokes May 8 -
Filed in
Forex
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AUD/JPY snaps a three-day losing streak and trades around 92.90 during European hours on Thursday, buoyed by waning demand for safe-haven assets like the Japanese Yen (JPY). The shift in sentiment follows renewed optimism surrounding US-China trade relations, with US Treasury Secretary Scott Bessent scheduled to meet China's top economic official in Switzerland on May 10 to reignite stalled negotiations.
