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fxJul 30, 2026, 4:45 AM

AUD/JPY Drops to 113.65 as RBA Rate Hike Odds Diminish

The Australian dollar weakened against the yen, with AUD/JPY falling to around 113.65 on Thursday as the probability of further RBA rate increases declined.

AUDJPY

The Australian dollar lost ground against the Japanese yen on Thursday, with AUD/JPY slipping to approximately 113.65 during early European trading. The pair is now down 0.65% for the week.

The decline came as market expectations for further interest rate increases from the Reserve Bank of Australia cooled. Lower rate hike odds tend to reduce the appeal of the Australian currency.

The cross had been under pressure as traders reassessed the RBA's policy path. No major economic data from Australia was cited in the update.

Source: FXStreet Forex News