AUD/JPY gains on growing expectations for a more hawkish RBA

AUDJPY News

AUD/JPY gains on growing expectations for a more hawkish RBA
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AUD/JPY edges higher for the fourth consecutive session on Thursday.

AUD/JPY continues its winning streak after the stronger Australia n CPI was released on Wednesday. Australia ’s 10-year government bond yield has surged to 4.49% near five-month highs on waning expectations of the RBA rate cuts. The Japan ese Yen continues to depreciate as the BoJ is expected to abstain from implementing rate hikes on Friday. The Australia n Dollar found support following the release of Australia n Consumer Price Index data on Wednesday, which exceeded expectations.

65, followed by the lower boundary of the ascending channel around the level of 99.00. AUD/JPY: Daily Chart Australian Dollar price this week The table below shows the percentage change of the Australian Dollar against listed major currencies this week. The Australian Dollar was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.46% -0.71% -0.29% -1.22% 0.49% -0.70% 0.35% EUR 0.46% -0.24% 0.17% -0.74% 0.94% -0.22% 0.80% GBP 0.70% 0.24% 0.40% -0.50% 1.18% 0.01% 1.

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