AUD/JPY Price Prediction: Dips to around 112.50, but upward trend stays positive
In early trading in Europe on Thursday, the AUD/JPY exchange rate was down at about 112.62. The Japanese yen, or JPY, gained slightly against the Australian dollar (AUD), with rising concerns in the Middle East following comments from US President Donald Trump, who stated that the temporary agreement to end the war with Iran was […]
AUD/JPY Price Outlook: Continues downward trend below 111.50 as negative momentum remains
In early trading in Europe on Friday, the Australian dollar against the yen was below 111.25. The Japanese yen strengthened slightly against the Australian dollar as Tokyo’s Consumer Price Index (CPI) saw inflation rise for the first time in eight months. Meanwhile, the Bank of Japan (BOJ) is sticking with its path of potential interest […]
AUD/JPY Price Prediction: Weakens to around 111.50 due to intervention concerns and a bearish technical outlook
In early trading across Europe on Thursday, the AUD/JPY exchange rate was hovering around 111.50, showing a decline. The Japanese yen (JPY) has been strengthening against the Australian dollar (AUD) due to worries about possible currency interventions by Japanese authorities. Traders are now looking forward to the upcoming Tokyo Consumer Price Index (CPI) inflation report […]
AUD/JPY Price Outlook: Drops below 112.00 amid intervention concerns, negative trend below 100-day SMA
On Wednesday, early trading in Europe saw the AUD/JPY pair drop to approximately 111.70. The Japanese yen has gained ground against the Australian dollar, as traders stay cautious regarding potential currency interventions by Japanese officials. Minoru Kihara, Japan’s Chief Cabinet Secretary, stated on Tuesday that the government would respond appropriately to fluctuations in the currency […]
AUD/JPY Price Prediction: Bears protect 50-day SMA while intervention risks remain
The Australian dollar/yen pair has been stuck in a sideways movement, hitting levels not seen since September 1990. This is largely due to the ongoing weakness of the Japanese yen (JPY), which is keeping the exchange rate afloat, while concerns about potential intervention by the Japanese government are capping any significant gains. Currently, the pair […]
AUD/JPY Price Prediction: Drops close to 114.00, yet retains a positive technical outlook
Market Overview During the early hours of Friday’s European trading session, the AUD/JPY pair was recorded below 114.00, showing a decline. Recent data indicated that Tokyo’s core consumer price index (CPI) inflation dropped below the Bank of Japan’s (BOJ) 2% target for the fourth month in a row. Despite this, analysts anticipate a rebound in […]
AUD/JPY Price Outlook: Gains momentum as Trump meets Xi in Beijing, optimistic trend continues
Market Overview At the beginning of the European trading session on Thursday, the AUD/JPY currency pair was performing well, hovering around 114.65. Traders are particularly interested in the discussions taking place between US President Donald Trump and Chinese President Xi Jinping in Beijing, expected to yield insights later on Friday. Xinhua news agency reported that […]
AUD/JPY Price Outlook: Remains stable above 114.00, positive trend continues above important support
The AUD/JPY exchange rate hovered around 114.10 during the early part of Wednesday’s European session. Traders appear to be adopting a wait-and-see attitude leading up to a meeting between U.S. President Trump and Chinese President Xi Jinping in Beijing, set for Thursday and Friday. Any positive outcomes from that summit could potentially benefit Australia as […]
AUD/JPY Price Outlook: Gains due to better risk sentiment, maintains positive trend above 100-day EMA
During the early hours of Friday’s European session, the AUD/JPY pair was holding steady around 113.20. A potential ceasefire involving the United States and Iran seems to have positively influenced market sentiment, thus boosting the Australian dollar against the Japanese yen. President Trump’s administration is reportedly weighing its options in response to Iran’s proposal to […]
AUD/JPY Price Outlook: Moves up above 113.00, strong trend remains above important average
The AUD/JPY pair is picking up steam around 113.30 during Thursday’s European trading session. The Australian dollar has seen a slight increase against the Japanese yen, likely thanks to a more optimistic outlook after news surfaced about potential peace talks between the U.S. and Iran to conclude the ongoing conflict. According to officials, Iran is […]