AUD/JPY recovers firmly from 92.00 ahead of PBoC’s monetary policy

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AUD/JPY recovers firmly from 92.00 ahead of PBoC’s monetary policy
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AUD/JPY recovers firmly from 92.00 ahead of PBoC’s monetary policy – by Sagar_Dua24 AUDJPY PBOC PMI RiskAversion China

g to extend its rebound move ahead. However, the risk profile seems not to support the risk-perceived assets after the US ambassador to the United Nations, Ambassador Linda Thomas-Greenfield, said Sunday that China would cross a “red line” if the country decided to provide lethal military aid to Russia for its invasion of Ukraine.

North Korean leader Kim's sister, Kim Yo Jong has warned against the rising presence of U.S. strategic assets on the Korean peninsula after the United States held joint air exercises bilaterally with South Korea and Japan on Sunday in response to the North's ICBM launch. Bloomberg reported Goldman Sachs sees potential for the MSCI China Index to reach 85 by the end of 2023, an increase of about 24% from current levels as the nation’s economic reopening delivers windfall profits for businesses.

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