AUD/JPY declines slightly towards 101.00, downside risk appears contained due to RBA hawkish
The AUD/JPY cross could rally as traders anticipate the RBA could avoid implementing rate cuts in 2024. Polls in Japan indicate that the LDP-led coalition could lose its majority in this weekend’s general election. Australia’s Judo Bank services PMI rose to 50.6 in October, marking its ninth consecutive month of expansion. AUD/JPY breaks its three-day […]