Why the Aussie is climbing
The pair's latest leg higher comes down to two forces pulling in the same direction. Japan's intervention in the currency market, which had propped up the yen, is losing its grip. At the same time, the RBA's hawkish posture keeps the Australian dollar well supported. Strategists now see AUD/JPY pressing toward levels not touched in roughly 35 years.
📊 Market Data Snapshot
24h Change
+0.00%
7d Change
+0.00%
Fear & Greed
34 Fear
Sentiment
🔴 slightly bearish
That's a notable move for currency markets on its own. But the pair also has a longer track record as a barometer for risk
