
AUDSJY: An In-Depth Analysis of the Australian Dollar against the Japanese Yen – Is the Major Support at 93.65 Prepared to Hold Against an Anticipated Bearish Breakdown?
RBA’s Rate Cut and the Unresponsive AUD/USD The Reserve Bank of Australia (RBA) made a surprise move on Tuesday, 18 February, by reducing the cash policy rate by 25 basis points, bringing it down to 4.1%. This was the first reduction in interest rates since 2019. Despite this significant monetary policy shift, the Australian Dollar…