Central Bank Policy Divergence:
The Bank of Japan (BOJ) is showing signs of shifting its monetary policy, with increasing expectations of potential interest rate hikes. This strengthens the Japanese Yen (JPY).
Conversely, the Australian Dollar (AUD) is affected by the Reserve Bank of Australia's (RBA) policy, and any indications of potential rate cuts or a more dovish stance weakens the AUD.
The Bank of Japan (BOJ) is showing signs of shifting its monetary policy, with increasing expectations of potential interest rate hikes. This strengthens the Japanese Yen (JPY).
Conversely, the Australian Dollar (AUD) is affected by the Reserve Bank of Australia's (RBA) policy, and any indications of potential rate cuts or a more dovish stance weakens the AUD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.