AUD/JPY Hits Resistance at 100-Day SMA Amid BoJ Hawkishness

The AUD/JPY cross has rebounded above 112.50 but remains constrained below its 100-day simple moving average, according to FXStreet.

A BoJ board member's comments on interest rate hikes have boosted the Japanese Yen, potentially limiting upside for the AUD/JPY cross.

The Reserve Bank of Australia (RBA) and China's economy are key factors influencing the Australian Dollar, with high interest rates supporting the AUD and a strong Chinese economy lifting demand for it.