AUD/JPY Falls Below 93.00 as Economic Changes Loom
AUD/JPY has interrupted a three-day winning streak, currently trading around 92.90 during European trading hours. This decline comes as the Japanese Yen gains strength, fueled by expectations that the Bank of Japan (BoJ) will continue raising interest rates in response to increasing inflationary pressures. This situation suggests potential volatility for AUD/JPY traders in the near future, making it essential to remain updated on shifts in monetary policy.