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January 17, 2025

AUDJPY on the Brink of a Bullish Turn

The Japanese Yen has shown strength against the US Dollar as speculation mounts that the Bank of Japan is poised to increase interest rates next week. With market expectations for a small rate hike of 0.2% during the January 24th meeting, confidence in the Yen rises. This potential policy shift contributes to a bullish sentiment around the AUDJPY pair. Traders are advised to stay alert and monitor developments closely as the situation progresses. For ongoing insights, follow updates on Entreprenerdly.com.

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