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AUDJPY

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    113.7873$
  • Previous Close
    113.8759$
  • 52 Week Change
    --
  • Day Range
    -0.09$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The symbol AUDJPY.FOREX typically refers to the exchange rate between the Australian dollar (AUD) and the Japanese yen (JPY) in the foreign exchange market (FOREX). It represents the price of one Australian dollar in terms of Japanese yen. Trading platforms use this symbol to allow traders to speculate on the relative value of these two currencies.
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Factors

Interest Rate Differentials: The difference between the Reserve Bank of Australia's (RBA) and Bank of Japan's (BOJ) interest rates strongly influences AUDJPY.

Commodity Prices: Australia is a major exporter of commodities like iron ore and coal, impacting AUD, therefore AUDJPY.

Risk Sentiment: AUD is often considered a risk-on currency. Global risk appetite changes drive AUDJPY.

Japanese Yen's Safe Haven Status: During times of economic uncertainty, the JPY tends to strengthen as investors seek safe haven assets.

Economic Data Releases: Australian and Japanese economic data (GDP, employment, inflation) impact currency values.

BOJ and RBA Monetary Policy: Policy announcements and forward guidance from both central banks shape exchange rates.

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