Australian dollar surges vs. Japanese yen, fueled by robust inflation data and rising RBA rate‑hike expectations, as the yen weakens ahead of BoJ’s meeting.
Stuck in a bearish bias, AUD/JPY hovers near 111.5 as RBA’s rate‑hold fuels profit‑taking while Japan’s fiscal hawk keeps the yen steady – stay alert for any policy shock that could break the tight 110‑112 corridor.