{
  "id": 534209,
  "title": "Australian Dollar falls sharply against Yen after RBA’s monetary policy decision",
  "url": "https://urgent.news/2026/08/11/australian-dollar-falls-sharply-against-yen-after-rbas-monetary",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T04:48:21.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/australian-dollar-falls-sharply-against-yen-after-rbas-monetary-policy-decision-202608110448"
  },
  "original_language": "en",
  "account": "The Australian Dollar slipped 0.15% to approximately 112.20 against the Japanese Yen during Tuesday's Asian trading session. This decline occurred despite the Reserve Bank of Australia (RBA) maintaining the Official Cash Rate (OCR) at 4.35% for the second consecutive meeting. Market participants had already forecasted the RBA's decision to keep rates unchanged, as Australian inflation figures for the second quarter were lower than initially projected. TD Securities noted that the RBA is currently in a \"pause and observe mode,\" with domestic activity slowing, particularly housing, due to earlier rate hikes and the full impact of these hikes yet to manifest. Strategists suggest that \"lower-than-expected Q2 trimmed mean CPI provided the RBA with the opportunity to pause at the August meeting,\" and OIS markets are pricing \"close to 0% odds of a hike.\" Investors are now waiting for remarks from RBA Governor Michele Bullock, whose press conference is set for 05:30 GMT. Meanwhile, the Japanese Yen strengthened against its peers on Tuesday, but weak June Current Account data raised questions about its economic outlook. The Current Account deficit unexpectedly turned negative for the first time since January 2025, amounting to JPY 92.3 billion, whereas the market had anticipated a surplus of JPY 1,512 billion. In May, the Current Account reported a surplus of JPY 3,968.3 billion. Michele Bullock is the ninth Governor of the Reserve Bank of Australia, assuming the role in September 2023, replacing Philip Lowe. Bullock previously served as the Assistant Governor (Financial System) at the RBA since October 2016. Sagar Dua, with a background in financial markets and post-graduation in Commerce, began his market training with chart analysis during his college days in 2014. The British Pound maintained a two-day gain, trading around 1.3500 against the US Dollar during the Asian session. Despite financial markets pricing out the likelihood of an interest rate hike by the Bank of England in the near term, the GBP/USD pair remains firm. Similarly, the EUR/USD pair struggled to gain momentum, holding steady around the 1.1545-1.1550 range, with traders uncertain about placing aggressive bets due to pending developments related to the Middle East crisis and the latest US inflation figures. Gold continued its upward trajectory, surpassing $4,400 and reaching its highest level since June 5 in the Asian session. Easing expectations of Fed rate hikes fueled demand for non-yielding assets like gold, supporting the US Dollar and potentially capping the precious metal ahead of the crucial US CPI report scheduled for Wednesday.",
  "summary": "The Australian Dollar (AUD) faces selling pressure against its major currency peers, trading 0.15% lower at around 112.20 against the Japanese Yen (JPY) during the Asian trading session on Tuesday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "The Australian Dollar rallies without an Australian reason",
        "url": "https://urgent.news/2026/08/10/the-australian-dollar-rallies-without-an-australian-reason",
        "published": "2026-08-10T23:31:37.000Z"
      }
    ]
  },
  "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."
}