
- AUD/JPY attracts some buyers to near 96.70 in Thursday’s Asian session, up 0.40% on the day.
- BoJ kept its policy unchanged at its December meeting on Thursday.
- The RBA dovish expectations might cap the upside for the cross.
The AUD/JPY cross drifts higher to around 96.70, snapping the two-day losing streak during the Asian trading hours on Thursday. The Japanese Yen (JPY) weakens after the Bank of Japan (BoJ) policy announcements.
As widely expected, the BoJ kept the short-term policy rate target steady in the range of 0.15%-0.25% following a two-day policy meeting that ended Thursday. According to
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