AUD/JPY trims its intraday losses, trading around 96.10 during the European hours on Wednesday.
AUD/JPY recovers its daily losses, possibly driven by a risk-on mood amid the expected Federal Reserve interest rate cut. The Japan ese Yen receives support from the hawkish sentiment surrounding the BoJ’s policy outlook. The Australia n Dollar may appreciate due to the Reserve Bank of Australia ’s aggressive monetary policy approach. However, the AUD/JPY cross may hold losses as the Japan ese Yen receives support from the hawkish sentiment surrounding the Bank of Japan ’s policy outlook.
This report may provide insights into the health of the labor market and may influence expectations regarding the future direction of domestic monetary policy. Interest rates FAQs What are interest rates? Interest rates are charged by financial institutions on loans to borrowers and are paid as interest to savers and depositors. They are influenced by base lending rates, which are set by central banks in response to changes in the economy.
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AUD/JPY attracts some sellers below 94.50, eyes on Australian employment data and BoJ rate decision this weekThe AUD/JPY cross extends decline around 94.25 on Monday during the early European session.
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AUD/JPY moves below 98.50 as traders adopt caution due to China economic woesAUD/JPY halts its four-day winning streak, trading around 98.40 during the European session on Tuesday.
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AUD/JPY moves below 95.00 due to hawkish BoJ, glooming China economyAUD/JPY holds losses, trading around 94.90 during the Asian hours on Tuesday.
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AUD/JPY trades with modest gains above 98.00, remains confined in one-week-old rangeThe AUD/JPY cross attracts some dip-buying during the Asian session on Wednesday and for now, seems to have stalled the previous day's rejection slide from the 99.00 mark, or a nearly three-week top.
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AUD/JPY drops to near 97.50 as traders expect BoJ to adopt hawkish stanceAUD/JPY halts its three-day winning streak, trading around 97.50 during the European hours on Monday.
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AUD/JPY edges lower to near 98.00 following BoJ Ueda’s speech, Fed’s Powell awaitedAUD/JPY retraces its recent gains from the previous two days, trading around 97.80 during the early European hours on Friday.
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