AUD/JPY Faces Pressure as RBA’s Hunter Raises Caution
The AUD/JPY pair has faced a decline, depreciating by nearly 0.50% and trading around 92.20 during European session today. The downturn has been prompted by recent comments from RBA’s Deputy Governor, highlighting a cautious approach following the release of the Reserve Bank of Australia’s meeting minutes. The market reacts to these developments, and traders should be prepared for potential volatility as the Australian dollar faces challenges in the current economic landscape.