AUD/JPY drops to near 93.00 as Japanese Yen rises following personal spending data

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  Posted by Two Blokes May 9 - Filed in Forex - 3 views
  
  AUD/JPY retreats from its recent gains during European trading hours on Friday, hovering near the 93.10 level. The Japanese Yen (JPY) is strengthening, supported by domestic data showing a stronger-than-expected rise in personal spending for March—an encouraging sign for consumption.