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fxJul 20, 2026, 9:21 AM

AUD/JPY Rises on RBA-BoJ Rate Differential, PBOC Decision

The Australian Dollar strengthened against the Japanese Yen, pushing AUD/JPY to around 113.60 during European hours, supported by the rate gap between the RBA and BoJ and a boost from the PBOC's interest rate decision.

AUDJPY

The AUD/JPY cross rebounded from two days of losses, trading near 113.60 in European trading on Monday. The Australian Dollar held gains after the People's Bank of China (PBOC) announced its interest rate decision, providing additional support.

The move is attributed to the ongoing rate differential between the Reserve Bank of Australia (RBA) and the Bank of Japan (BoJ), which continues to favor the Aussie.

Source: FXStreet Forex News