AUD/JPY Price Forecast: Softens to near 111.00 but holds bullish momentum above 100-day EMA

Wait 5 sec.

The AUD/JPY cross trades in negative territory around 111.15 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) following hawkish remarks from the Bank of Japan (BoJ) policymakers.