The AUD/JPY currency pair has weakened, dipping below the key level of 103.50 to around 103.20 during the Asian trading session on Tuesday. This decline follows the Reserve Bank of Australia's decision to maintain its interest rate at 3.6%, leading to a sell-off of the Australian Dollar against the US Dollar.
As traders reacted to the RBA's announcement, the exchange rate for AUD fell, reflecting broader market sentiment. The decision to keep rates steady indicates the central bank's cautious stance amid ongoing economic uncertainties, which may further pressure the AUD against major currencies like the USD and EUR in the coming sessions.
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Data Source: FX Killer Analysis Team Updated: 2025-12-09 05:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.