[AUD/JPY] Focus on Australian CPI
In October, the Australian dollar/Japanese yen (AUD/JPY) has been trading around 100 yen, where the 200-day moving average is positioned, with prices moving up and down without a clear direction. …
[AUD/JPY] Room for Decline
The Reserve Bank of Australia (RBA) is the only major central bank (outside of Japan) that hasn’t lowered interest rates recently. If the RBA does start to lower rates, the …
[AUD/JPY] Short-Term Decline with Potential Gains in November 2024
Today’s outlook for the AUD/JPY pair shows a generally bullish trend. The exchange rate is expected to hover around ¥101.36, with forecasts indicating a slight decline to ¥101.26 in the …
[AUD/JPY] Range Market Continues
In October, the Australian Dollar (AUD) to Japanese Yen (JPY) exchange rate has been moving within a range around 100 yen. The mid-99 yen level represents a 50% Fibonacci retracement, …
[AUD/JPY] Strong Employment Data and Risk-On Sentiment
Yesterday, Australia’s September employment data, announced during Tokyo trading hours, showed stronger-than-expected job growth. The unemployment rate also fell to 4.1% from 4.2% in the previous month, indicating a strong …