AUD/JPY rises to 113.65, up 0.16%, driven by structural pressures on the JPY despite softer Chinese economic data.
The Australian Dollar advanced against the Japanese Yen on Monday, with AUD/JPY trading at 113.65, a 0.16% increase. The pair’s rebound reflects ongoing structural weakness in the JPY, which has supported the cross despite headwinds from disappointing economic data out of China.
Prior to the move, the JPY had faced persistent downward pressure, while the AUD’s gains were capped by concerns over China’s economic outlook. The cross has remained volatile amid shifting risk sentiment and diverging monetary policy expectations between Australia and Japan.
Market reaction was muted, with the modest uptick reflecting broader trends rather than a sharp shift in sentiment.