AUD/JPY experienced a decline on Tuesday, trading around 104.30 after a four-day rally. This pullback follows a peak of 104.62, marking the highest level since July 2024, reached in the previous session. The retreat comes as Japan signals its readiness for potential currency market intervention, a move aimed at stabilizing the yen.
The intervention readiness from Japan has created tension in the forex market, influencing the exchange rate of the AUD/JPY currency pair. As traders digest this news, the market watches closely for further developments that could affect the Japanese yen and its impact on other currencies, including the USD and EUR.
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Data Source: FX Killer Analysis Team Updated: 2025-12-23 08:55
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.