AUDJPY SELL

20 apr 2023

Shorting AUDJPY means selling the Australian dollar (AUD) and buying the Japanese yen (JPY) with the expectation that the value of the AUD will decrease relative to the JPY. Factors that can affect the AUDJPY exchange rate include changes in interest rates set by the Reserve Bank of Australia (RBA) or the Bank of Japan (BoJ), economic indicators such as GDP, inflation, and employment figures, and geopolitical risks such as political and economic instability or trade disputes. However, shorting AUDJPY, like any other trading decision, involves risks and uncertainties, and it's important to carefully consider your investment goals, risk tolerance, and seek professional advice if necessary before making any trades.