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Posted by
Two Blokes Jul 8 -
Filed in
Forex
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18 views
The AUD/JPY cross attracts strong follow-through buying on Tuesday and rallies to a nearly four-month high in reaction to the Reserve Bank of Australia's (RBA) surprise decision to keep interest rates on hold. Apart from this, expectations that the Bank of Japan (BoJ) could delay raising interest rates again undermine the Japanese Yen (JPY) and assist spot prices to trade around the mid-95.00s during the early European session.
