AUD/JPY Forex Trading

AUD/JPY is a pair consisting of two major currencies, and it experiences significant price movements. Interested? Start trading AUD/JPY with FXOpen today!

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AUD/JPY Live Charts

Use our AUD/JPY live chart to get the most up-to-date insight into the recent performance of this pair and other currency pairs used in forex trading. It can help you make informed decisions at home or on the go – no matter if you use the TickTrader desktop platform, web terminal, or mobile app. Our real-time chart includes the very latest price, historical data, and technical analysis tools to help guide your next trade.

What Is AUD/JPY Trading?

AUD/JPY - Australian dollar (Aussie) to Japanese yen - is a forex currency pair. In the foreign exchange market, pairs are quoted, and their exchange rates represent the value of one currency relative to the other. For example, if the current exchange rate for AUD/JPY is 80.00, it means 1 Australian dollar is equivalent to 80 Japanese yen.

The AUD/JPY FX pair is famous for its significant price fluctuations. FXOpen offers immediate execution to help you catch favourable opportunities.

AUD/JPY Historical Performance

The AUD/JPY currency pair's history dates back to 1983 when Australia adopted a floating exchange rate system. Before that, both the AUD and JPY were pegged to other currencies.

Australia's strong ties to commodity exports, particularly to China, played a crucial role in the AUD's performance against the JPY. The demand for commodities, such as iron ore and coal, from rapidly growing Asian economies boosted the AUD, and during the commodities boom in the mid-2000s, the AUD/JPY pair reached historic highs.

The global financial crisis of 2008 had a significant impact on the AUD/JPY pair. As investors sought safety, the Japanese yen appreciated sharply against higher-yielding currencies like the AUD.

In subsequent years, the AUD/JPY pair remained subject to the influence of diverse economic factors, encompassing interest rate determinations by the Reserve Bank of Australia (RBA) and the Bank of Japan (BoJ), the release of economic data, fluctuations in commodity prices, and the impact of geopolitical events.

The onset of the COVID-19 pandemic in early 2020 resulted in escalated market volatility and uncertainty. The AUD/JPY pair encountered substantial fluctuations as central banks implemented a range of measures to stabilise their respective economies.

Major Factors That Affect the AUD/JPY Pair

Australia and Japan share a noteworthy trade relationship. Australia plays a crucial role as a major exporter of commodities, such as iron ore, coal, natural gas, and agricultural products, which are vital for Japan's resource-intensive industries. Conversely, Japan exports machinery, vehicles, and electronics to Australia. Fluctuations in trade volumes can significantly influence both economies, particularly in sectors with strong interdependence.

Additionally, both countries are sensitive to changes in commodity prices, given Australia's reliance on commodity exports and Japan's dependence on importing these resources for its industries. Consequently, shifts in commodity prices can have considerable implications for their respective economic performances.

Japanese companies have invested in various sectors in Australia, including real estate, energy, and agriculture. Japanese tourism to Australia is also significant. Economic conditions and exchange rate fluctuations can influence investment and tourism flows between the two countries.

Both Australia and Japan are part of the Asia-Pacific region, and developments in the region, such as trade agreements, geopolitical tensions, and regional economic trends, can indirectly impact their economies.

Also, the Japanese yen is considered to be a safe-haven asset.Therefore, in periods of economic or political turbulence, its value usually grows while the Aussie dollar weakens, being a non-stable commodity currency.

Are you interested in this pair? You can start trading it with FXOpen right away!

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.