Should You Invest In AUD/JPY?

To learn about the value of a single Australian Dollar in Japanese Yen, follow this currency pair closely. Tips for trading AUD vs. JPY: The AUD is a popular reserve currency and one of the most widely traded currencies in the world. The Australian foreign exchange market is free from government intervention, however, the AUD can be impacted by decisions of the Reserve Bank of Australia and the high interest rates in the country, and is more easily influenced by global trends and changes due to its exposure to Asian markets. The JPY price is affected by The Bank of Japan’s reports, as well as by decisions made by the Japanese government. Since Japan’s economy is export-based, the government tends to intervene more. If you feel that the price of the Australian Dollar will increase in comparison to the Japanese Yen, open a long position. If you believe, however, that the price of AUD will drop against the Yen, consider a short position instead. Trade this instrument and stay updated on recent AUD/JPY value changes.