Yen eases as dovish Takaichi set to become Japan PM, Aussie gains

With Sanae Takaichi on the cusp of the prime minister's office, the yen has experienced a decline. Global optimism has seeped into the currency markets, further amplified by easing trade tensions between China and the US. Investors are keenly monitoring the situation for potential easing. The Australian dollar rallied, yet the recent Chinese economic statistics went largely unnoticed by traders.