Day: October 21, 2024

AUD/JPY Edges Lower Despite Hawkish RBA

audjpy article image

The Australian Dollar/Japanese Yen pair continued its downward trend on Monday, trading near 100.20. While the Japanese Yen may have received some support from potential government intervention, uncertainty surrounding the Bank of Japan’s (BoJ) monetary policy remains a headwind. The Australian Dollar, however, is supported by the hawkish stance of the Reserve Bank of Australia […]

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