AUD/JPY rises to 77.20, intraday high of 77.25, during the early Tuesday’s trading. The pair recently picked up bids after RBA minutes flashed mildly positive signals whereas China’s August month data dump pleased the bulls. Even so, the challenges to the risk-on mood probe the pair buyers.
China’s August month Industrial Production grew past-5.1% forecast to 5.6% whereas Retail Sales crossed 0.1% market consensus with +0.5% readings.