AUD/JPY climbs back to 110.00 as positive Chinese economic data provides a lift, allowing the pair to extend its recovery from recent eight-month lows.
AUD/JPY retakes 110.00 on upbeat China GDP but upside seems limited.
The AUD/JPY pair extends its recovery for a second consecutive session, climbing back above the 110.00 handle. The move follows a positive reaction to China's latest GDP figures, helping the pair rebound from an eight-month low of 108.60 reached last week.
The recovery is primarily driven by positive sentiment following upbeat GDP data from China, which has helped the pair bounce back from recent eight-month lows.