AUD/JPY Maintains Gains Near 94.50 Despite BoJ Speculation
The AUD/JPY pair continues to exhibit strength, trading close to 94.50 as of Wednesday during Asian trading hours. This rally reflects investor skepticism regarding the Bank of Japan’s plans to raise interest rates further this year. As traders navigate these dynamics, the Australian dollar seems to benefit from improved market conditions. Keep an eye on related economic announcements that could affect the AUD/JPY trajectory in upcoming sessions.