“Could AUD/JPY Surge as Sellers Position Themselves for a Game-Changing Turn?”

In the ever-shifting landscape of currency trading, today’s Australian CPI numbers have thrown a curveball that could leave many wondering: are we in for a bumpy ride with AUD/JPY? With inflation figures coming in lower than expected—2.4% instead of the anticipated 2.6%—the market’s restlessness is palpable. This unexpected dip raises the stakes considerably, hinting at the likelihood of an RBA rate cut in May. So, how can we strategically navigate this newly emerging scenario? Buckle up as we dive into a theoretical trade plan that just might turn this market volatility into opportunity! LEARN MORE.

Today we saw a softer-than-expected Australian CPI print, potentially setting up AUD/JPY for a continued downside move in the short-term.

With headline inflation dipping to 2.4% versus 2.6% expected, and core measures also easing, the odds of an RBA rate cut in May appear to be increasing steadily.

Let’s examine how we may theoretically structure a trade plan around this development.