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fxJun 25, 2026, 2:00 AM

AUD/JPY Drops After Australian Jobs Data, JPY Supported by Intervention Fears

The AUD/JPY pair fell after Australia's employment data, nearing its lowest since April, while the Japanese yen drew support from intervention concerns.

AUDJPY

The AUD/JPY cross attracted sellers following the release of the latest Australian employment figures, sliding closer to its lowest level since late April. The decline reflects a softening in the Australian dollar amid the data release.

Meanwhile, the Japanese yen drew support from persistent intervention fears, as traders remain cautious about potential BoJ action to stem further yen weakness. This divergence in currency dynamics weighed on the cross.

The pair's move lower highlights the contrasting monetary policy expectations between the RBA and the Bank of Japan, with the latter's intervention risk underpinning the yen.

Source: FXStreet Forex News