Daily Market Updates: AUD/JPY Price Forecast: Holds gains near 111.00, but maintains bearish tone below 100-day SMA

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AUD/JPY Price Forecast: Holds gains near 111.00, but maintains bearish tone below 100-day SMA

Reported · Written up by our desk · Major Pairs

The AUD/JPY cross trades in positive territory around 110.90 during the early European trading hours on Monday. Growing expectations for an imminent interest rate hike from the RBA provide some support to the Australian Dollar (AUD) against the Japanese Yen (JPY).

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FXStreetAUD/JPY Price Forecast: Holds gains near 111.00, but maintains bearish tone below 100-day SMA

Forex

AUD/JPY Price Forecast: Holds gains near 111.00, but maintains bearish tone below 100-day SMA

More like this

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