The AUD/JPY currency pair has seen a reduction in gains, retreating towards the 94.50 level during Tuesday’s Asian trading session. Following the Bank of Japan’s (BoJ) recent decision to maintain its interest rates, the Japanese Yen (JPY) exhibits strength against the Australian Dollar (AUD).

This development suggests that investors are responding to the BoJ’s stance, leading to a recalibration of expectations for the pair. As the market digests this news, traders should consider potential future shifts dictated by monetary policy changes.