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TKby u/tara_kumar·1hAnalysis

Watching AUDJPY after RBA's recent tone shifts

Been closely watching the $AUDJPY move today, currently around 111.436. The recent RBA comments, while not overtly dovish, certainly didn't lean hawkish, and it feels like the market's been trying to price in that subtle shift. Meanwhile, the yen still feels like it's in a holding pattern, sensitive to any sniff of yield differential shifts. I'm keeping it on my watchlist for a potential retest of those day lows around 111.235, especially if any further risk-off sentiment or unexpected JPY strength emerges. The $AUD has been relatively stable today at 0.0936, but a significant move there could certainly throw a wrench in the works. It's all about navigating that delicate balance.

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