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fxJun 24, 2026, 2:15 AM

AUD/JPY Steadies as Australian CPI Cools, BoJ Hawkishness Caps Yen

The AUD/JPY pair traded near 0.6920 during Asian hours on Wednesday, steadying after six days of losses as Australian inflation data came in cooler and Bank of Japan hawkish expectations weighed on the yen.

AUDJPY

The Australian Dollar held steady against the Japanese Yen on Wednesday, with the AUD/JPY cross trading around 0.6920 during the Asian session. The pair stabilized after falling for six consecutive sessions.

A minor volatility was observed following the release of Australia's Consumer Price Index (CPI), which showed signs of cooling. Meanwhile, expectations that the Bank of Japan will maintain its hawkish stance provided additional support for the yen, preventing any sharp rebound in the pair.

Traders are now focusing on further data releases and central bank commentary to gauge the next direction for the currency pair.

Source: FXStreet Forex News