The Japanese Yen (JPY) remains on the back foot against its American counterpart through the Asian session on Wednesday, though any meaningful depreciating move seems elusive.
AUD/JPY gains ground for the third successive session, trading around 105.20 during the European hours on Tuesday. The currency cross reached 105.37, a fresh high since July 2024, during the earlier trading hours.
USD/CAD holds ground after registering mild gains in the previous two successive sessions, trading around 1.3760 during the Asian hours on Tuesday. The pair shows limited movement as the US Dollar (USD) ticks lower, with concerns about a broader geopolitical escalation easing.