AUD/JPY gains ground due to uncertainties regarding the future BoJ interest rates outlook. BoJ’s Summary of Opinions highlighted divisions among policymakers regarding the timing of future rate hikes. The Australian Dollar faced challenges as China’s latest stimulus measures fell short of investors’ expectations. AUD/JPY retraces its recent losses from the previous session, trading around 101.20 […]
GBP/JPY pulls back from a multi-month peak, though the downside potential seems limited. The BoJ rate-hike uncertainty could undermine the JPY and lend some support to the cross. Traders look to the UK Autumn Budget for short-term impetus ahead of the BoJ on Thursday. The GBP/JPY cross edges lower during the Asian session on Wednesday […]
AUD/JPY loses gains as BoJ’s Ueda indicated no change in policy easing stance if the upcoming data align with forecasts. BoJ Governor Ueda stated that he is not considering selling long-term Japanese government bonds as a tool for adjusting rates. The Australian Dollar receives support from the improved risk aversion ahead of the Fed Powell’s speech. […]
The AUD/JPY pair declined to 96.45 on Friday resuming the losses after three sessions with gains. However, technical indicators suggest a shift towards neutral territory, with the RSI moving out of the oversold zone and the MACD showing decreasing red bars. The cross will close a weekly gain of nearly 1% despite the losses. In […]
AUD/JPY declines to 107.10 while holding just above the 20-day SMA support. A bearish outlook looms for the next few sessions, following a substantial dip from Thursday. In Friday’s trading session, a downward turn was observed for the AUD/JPY pair as it dipped by 0.23% to reach 107.10. This indicative decline marks a notable shift […]
Share: AUD/JPY gains some positive traction on Friday and snaps a three-day losing streak. A positive risk tone undermines the safe-haven JPY and acts as a tailwind for the cross. Hawkish RBA Monetary Policy Statement benefits the Aussie and remains supportive. The lack of follow-through buying warrants caution before positioning for further gains. […]
