An increase of the indicator value may contribute to the rise in quotes of AUD.
AUDJPY
Australian dollar / Japanese yen
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News AUDJPY
An increase of the indicator value may contribute to the rise in quotes of JPY.
In a Friday announcement, Prime Minister Shigeru Ishiba disclosed plans for emergency economic relief measures designed to mitigate the effects of recently imposed US import duties on Japanese industries and households.
Tokyo's inflation rate accelerated in April, hitting a two-year high. The surge strengthens the case for the Bank of Japan (BOJ) to raise interest rates, even as uncertainty lingers over US tariff policies, Bloomberg reports.
Westpac analysts forecast the Reserve Bank of Australia (RBA) to cut interest rates by 0.25% to 3.85% during the next meeting in May. Experts' expectations are based on weak labor market performance and volatile global conditions, Investing reports.
Event announcement AUDJPY
The JPY publication is expected
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AUDJPY economy
Australia
Japan
Central Bank interest rate
Gross domestic product
Unemployment rate
Retail sales
Trade balance
Inflation
Business confidence