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    ForexJournal » Forex, Markets analysis, Top Stories » AUD/JPY climbs above 96.50 as BoJ leaves interest rate unchanged in December
    Forex Markets analysis Top Stories

    AUD/JPY climbs above 96.50 as BoJ leaves interest rate unchanged in December

    Author AvatarBy Patrick Butler January 13, 2025 No Comments 9 Mins Read
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    • 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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    Patrick Butler

    He is a distinguished financial analyst with a wealth of experience in the Forex and cryptocurrency markets. With a career spanning over 15 years, Patrick has honed a keen understanding of market dynamics, using both technical analysis and macroeconomic insights to forecast trends and identify opportunities. His work is characterized by a meticulous attention to detail and an ability to simplify complex concepts, making him a respected authority for both institutional investors and individual traders. Patrick’s analytical depth and pragmatic approach have earned him recognition as a trusted expert in the ever-evolving world of finance.

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