AUD/JPY trimmed daily losses following cautious remarks from the IMF on Friday. The IMF warned Japan to remain vigilant against potential spillover effects from rising global market volatility. The AUD faces challenges due to dovish sentiment surrounding the RBA's policy outlook.
AUD/JPY trims its daily losses following the cautious remarks from the International Monetary Fund on Friday. The IMF cautioned that Japan should stay vigilant against potential spillover effects stemming from increased volatility in global markets. The AUD could face challenges due to the dovish mood surrounding the RBA’s policy outlook. AUD/JPY remains subdued for the third consecutive day, hovering around 95.20 during Asian trading hours on Friday.
However, optimism over easing trade tensions lingers as US President Donald Trump and Chinese President Xi Jinping are set to discuss potential tariff rollbacks, per Reuters. Interest rates FAQs What are interest rates? Interest rates are charged by financial institutions on loans to borrowers and are paid as interest to savers and depositors. They are influenced by base lending rates, which are set by central banks in response to changes in the economy.
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