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FX Desk

Australian Dollar steadies vs Japanese Yen as hawkish RBA signals offset JPY strength

Australian Dollar steadies vs Japanese Yen as hawkish RBA signals offset JPY strength

AUD/JPY trades around 110.50 on Friday at the time of writing, posting a modest 0.04% decline on the day. The pair remains broadly stable as both the Australian Dollar (AUD) and the Japanese Yen (JPY) benefit from growing expectations of monetary tightening by their respective central banks.

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