AUD/JPY Tumbles After Joint US-Japan Intervention
The Australian Dollar (AUD) vs Japanese Yen (JPY) pair has continued to decline after a coordinated intervention by the United States and Japan in early August 2026. The joint effort saw approximately $59 billion in US assets sold to bolster the yen, with the US Treasury authorizing the purchase of an estimated $5-10 billion in yen.
The intervention aimed to increase volatility and temporarily support the currency, but price action has remained under broader selling pressure. Technical signals indicate persistent bearish momentum, with AUD/JPY likely to remain directionless in a ¥106.84, ¥111.96 range near-term; further weakness possible below ¥109.29.
The pair has dropped below all major moving averages and negative momentum dominates short-, medium-, and long-term signals. Multiple oscillators record oversold conditions, including the Relative Strength Index (RSI), Stochastic RSI, Commodity Channel Index (CCI), and Bull/Bear Power (BBP).