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fxJun 11, 2026, 4:35 AM

AUD/JPY Edges Up to 112.40 on RBA Hawkish Stance

AUD/JPY rose to near 112.40 in early European trade Thursday, supported by the Reserve Bank of Australia's hawkish tone and bullish technicals above the 100-day SMA.

AUDJPY

AUD/JPY gained ground during early European trading on Thursday, climbing to approximately 112.40. The move was driven by the Reserve Bank of Australia's (RBA) hawkish policy stance, which continues to underpin the Australian dollar.

From a technical perspective, the pair holds an uptrend as it remains above the 100-day Simple Moving Average (SMA). The price action suggests sustained bullish momentum in the near term.

Source: FXStreet Forex News