AUD/JPY remains depressed near mid-104.00s, below YTD top as JPY benefits from hawkish BoJ

The AUD/JPY cross attracts some sellers on Wednesday and sticks to modest intraday losses, around mid-104.00s during the first half of the European session. Spot prices, however, lack follow-through and remain close to the highest level since July 2024, touched the previous day.

AUD/JPY remains depressed near mid-104.00s, below YTD top as JPY benefits from hawkish BoJ
The AUD/JPY cross attracts some sellers on Wednesday and sticks to modest intraday losses, around mid-104.00s during the first half of the European session. Spot prices, however, lack follow-through and remain close to the highest level since July 2024, touched the previous day.

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