AUD/JPY Price Forecast: Skyrockets past 111.00 on hot Aussie CPI

The AUD/JPY rallies over 1.20% on Wednesday, after an inflation report in Australia prompted investors to price additional rate hikes by the Reserve Bank of Australia (RBA). At the time of writing, the cross trades at 111.38.

AUD/JPY Price Forecast: Skyrockets past 111.00 on hot Aussie CPI
The AUD/JPY rallies over 1.20% on Wednesday, after an inflation report in Australia prompted investors to price additional rate hikes by the Reserve Bank of Australia (RBA). At the time of writing, the cross trades at 111.38.

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