AUD/JPY flat lines around 93.70, moves little after RBA decides to leave rates unchanged
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The Australian Dollar to Japanese Yen (AUD/JPY) currency pair remained relatively flat around 93.70 after the Reserve Bank of Australia (RBA) decided to keep interest rates unchanged. The cross struggled to build on previous modest gains and traded in a narrow range during the Asian trading session.
April 01, 2025 | 4:15 am
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NEUTRAL IMPACT
The Australian Dollar ETF is expected to experience minimal price fluctuations following the RBA's decision to maintain current interest rates.
The RBA's decision to hold rates steady suggests a neutral monetary policy, which is likely to result in minimal short-term price movement for the Australian Dollar ETF.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70