AUD/JPY Remains Firm Above 95.00 as BoJ Stays the Course
AUD/JPY holds strong, trading above the 95.10 level during Wednesday’s Asian market. Following the Bank of Japan’s (BoJ) recent interest rate decision, many traders sense continued resilience.
The BoJ opted to maintain its rate target between the 0.40% and 0.50% range, aligning with trader expectations. This decision reflects a cautious yet optimistic investment outlook within this currency pair.
Participants in the market should monitor upcoming Fed decisions that could impact market trajectories. Staying informed will be key to capitalizing on any future forex movements.