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November 20, 2024

AUDJPY Gains Momentum Beyond 10100 Amid BoJ Uncertainty

AUDJPY has gained traction, climbing above 101.20 during the early hours on Wednesday. This rise comes as doubts grow over the timing of future rate hikes by the Bank of Japan. The Japanese Yen remains under pressure, allowing the Australian Dollar to strengthen. Traders should watch for further movements as this dynamic continues to play out. The uncertainty makes the market especially interesting for Forex traders looking for opportunities.

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