AUD/JPY halts a seven-day losing streak to trade at 109.80, bolstered by favorable Australian trade balance figures released during the Asian session.
AUD/JPY halts its seven-day losing streak and trades stronger around 109.80 following Australian Trade Balance data.
The AUD/JPY currency pair snapped a seven-day decline, trading near 109.80 during Thursday's Asian session. The rebound follows positive Australian Trade Balance data, which provided support for the Australian Dollar against the Japanese Yen.
The pair is recovering due to positive Australian Trade Balance data, which has strengthened the Australian Dollar.