{
  "id": 12565257,
  "title": "AUD/JPY Price Forecast: Flatlines below 110.50, while technicals signal lingering bearish bias",
  "url": "https://urgent.news/2026/10/07/aud-jpy-price-forecast-flatlines-below-110-50-while-technicals-signal",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T05:52:11.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/aud-jpy-price-forecast-flatlines-below-11050-while-technicals-signal-lingering-bearish-bias-202610070552"
  },
  "original_language": "en",
  "account": "The AUD/JPY exchange rate remains relatively stable at approximately 110.40 during the initial European trading hours on Wednesday. However, Bank of Japan Governor Kazuo Ueda's comments, which were less hawkish than anticipated, may negatively impact the Japanese Yen against the Australian Dollar. BoJ Governor Ueda stated that the central bank would evaluate the likelihood and risks of the baseline economic and price outlook when considering the pace and timing of future rate hikes. This cautious stance has led to a decrease in the probability of a rate hike during the October monetary policy meeting, now at nearly 12%, down from 40% early last week. Analysts at Rabobank argue that the BoJ has now reached a point where it should shift its focus to stabilizing price pressures around the target level, potentially marking a notable transition in its policy stance. However, they caution that the Bank is still not viewed as being in a position to make back-to-back rate rises appropriate, despite this shift. The current odds of a rate hike in December increase to around 90%. Technical analysis shows that the AUD/JPY cross is trading bearishly, with the price hovering just below the 100-day simple moving average and the upper Bollinger Band. The initial support level is at the psychological 110.00 level, with further support on the way to September 14's low of 109.67 and the lower Bollinger Band around 109.10.",
  "summary": "The AUD/JPY cross trades on a flat note around 110.40 during the early European trading hours on Wednesday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD remains below $61.00 as oil prices surge",
        "url": "https://urgent.news/2026/10/07/silver-price-forecast-xag-usd-remains-below-61-00-as-oil-prices-surge",
        "published": "2026-10-07T04:04:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}