AUD/JPY extends up trend as hawkish RBA fuel upside acceleration

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AUD/JPY extended its advance today, with mild acceleration following the RBA’s hawkish hold. Governor Michele Bullock’s explicit dismissal of further rate cuts—and her acknowledgement that rate hikes could be on the table next year—provided the catalyst for renewed Aussie buying. Against this, persistent Yen softness remains a dominant background theme, with markets still doubting that […]The post AUD/JPY extends up trend as hawkish RBA fuel upside acceleration appeared first on ActionForex.