AUD/JPY rallies to fresh record high, above mid-113.00s on RBA rate hike bets and weak JPY
AUD/JPY Price Forecast: Gains traction above 100-day EMA with bullish RSI momentum
AUD/JPY Price Forecast: Gathers strength above 111.00 with bullish bias intact
AUD/JPY gains ground to near 111.00 as BoJ signals prolonged rate hold
AUD/JPY drops below 111.00 as Australia's Trade Surplus narrows
AUD/JPY drops to 110.00 as notable JPY strength offsets upbeat Australian Q4 GDP print
AUD/JPY rebounds from daily lows, eyes 111.70 for bullish breakout
Volatility remained elevated on Tuesday as a wave of Middle East headlines rattled global markets. Equity indices and precious metals both closed lower, while currency markets endured wide intraday swings.
AUD/JPY Price Forecast: Steadies near 111.50, bullish bias remains intact above key EMA
There's a view doing the rounds this week that Australia benefits from energy supply disruptions because we're resource rich. The logic is simple: we export LNG, we dig up coal, and therefore higher energy prices should be a positive.
Australian Dollar rallied broadly after RBA Governor Michele Bullock delivered hawkish remarks that reintroduced a genuine possibility of a rate hike at the March meeting. By describing the decision as “live” and warning against assuming a hold, Bullock unsettled prior market consensus and injected fresh upside risk into rate expectations.
AUD/JPY Price Forecast: Surges toward YTD high near 112.00