Dollaro australiano / Yen giapponese
Long
Aggiornato

Buy AUD-JPY | Strong data for AUD and still dovish BOJ

107
As the cash rate for AUD officially increased today followed by a drop in AUD pairs gives a very good opportunity to long AUD from a good price. RBA (Reserve Bank of Australia) has given statement of high inflation concerns and strong job reports and has set a hawkish tone.

BOJ is yet to lift its negative interest rate making it the weakest currency still. As such, it is still my favorite pair vs AUD.

Strong AUD - Weak JPY
Nota
Worked out well.

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