Most AUD pairs barely moved today, but the real action came from Japan. AUDJPY slipped around 0.60 percent, and it was not random. This move was driven by fresh signals that the Bank of Japan may finally be preparing for its first meaningful rate hike in years.
BOJ Governor Kazuo Ueda struck a noticeably more confident tone about Japan’s economy. He told markets the central bank will review the “pros and cons” of raising rates at the next meeting in December. A line like that is rare from the BOJ. It was enough to spark immediate buying in the Yen and pull AUDJPY lower.
Japan’s Finance Minister also added fuel to the fire by saying the Yen’s recent weakness is “not driven by fundamentals.” When the politicians start commenting, it usually means pressure is building behind the scenes.
The Yen fell more than 1.4 percent in November. Traders are now pricing in a real possibility of a December or January hike. The pattern looks like preparation, especially with the BOJ becoming more vocal after months of silence.
For athletes and businesses earning or sending money into Japan, the message today is simple. The AUD may not be moving much right now, but the Yen is waking up. If the BOJ pulls the trigger on rates, AUDJPY could shift quickly.
I will keep you updated as we move closer to the December meeting.
AUD/USD - Daily Chart
👉 Book a Currency Strategy Call
For athletes, expats, property buyers, and global professionals.
👉 Join The Currency Advantage Weekly
One email. Every Week. Market intelligence made simple.
👉 Watch chart breakdowns on YouTube
Technical levels give your triggers.
👉 Follow me on Linkedin
👉 Follow me on Instagram
👉 Follow me on X
