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fxJun 22, 2026, 1:37 AM

Australian Dollar Holds Gains Against Yen After PBoC Decision

AUD/JPY traded around 113.30 on Monday, holding gains after the People's Bank of China's latest rate decision supported the Australian Dollar.

AUDJPY

The Australian Dollar (AUD) maintained its strength against the Japanese Yen (JPY) on Monday, with AUD/JPY trading near 113.30 after recovering from minor losses the previous day.

The currency cross extended its gains as the AUD remained supported following the People's Bank of China's (PBoC) latest monetary policy decision. The PBoC's rate decision provided a boost to the Australian currency due to China's close economic ties with Australia.

Market participants continue to monitor developments from China for further directional cues on the pair.

Source: FXStreet Forex News