Aussie-Yen Is Set to Approach Three-Decade High, Analysts Say

Strategists expect the Australian dollar to recover toward a 35-year high versus the yen as Tokyo’s currency intervention impact fades. They cite the RBA’s hawkish stance as supportive for AUD, implying relative yield support. Net effect is a modest FX-positive setup for AUD/JPY, likely to move sentiment but not a broad market shock.

Analysis

Strategists expect the Australian dollar to recover toward a 35-year high versus the yen as Tokyo’s currency intervention impact fades. They cite the RBA’s hawkish stance as supportive for AUD, implying relative yield support. Net effect is a modest FX-positive setup for AUD/JPY, likely to move sentiment but not a broad market shock.