AUD/JPY holds steady near two-week peak, reacts little to stronger Australian Retail Sales

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• AUD/JPY gains some traction for the second straight day and climbs to a nearly two-week top.
• China’s new measures and the upbeat Australian Retail Sales continue to underpin the Aussie.
• The BoJ’s dovish stance weighs on the JPY and supports prospects for further near-term gains.

The AUD/JPY cross scales higher for the second successive day on Monday and touches a nearly two-week high, around the 94.30-94.35 region during the Asian session. Spot prices, meanwhile, stick to intraday gains and react little to the better-than-expected Australian macro data.