AUD/JPY slips toward 93.50 due to optimism over potential US-Japan trade agreement

  • The AUD/JPY pair continues its downward trajectory for the second consecutive day, trading near 93.60 during Thursday's European session. Amid expectations of further interest rate hikes by the Bank of Japan (BoJ) in 2025, optimism over a potential US-Japan trade deal is lending additional support to the Japanese Yen.