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AUD/JPY
94.76500000
AUD/JPY
?The AUD/JPY currency pair is a major cross with the Japanese yen. It represents how many Yen are required to purchase one Australian Dollar. This pair is extremely vulnerable to changes in global and local risk sentiment, as Japan's economy is export-driven, whereas Australia is strongly reliant on commodities exports and the health of the Chinese economy. In terms of short to medium-term price ac
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Forex trading, also known as foreign exchange or FX trading, involves purchasing one currency and selling another at the same time to speculate on the movement of exchange rates. It is one of the most actively traded markets in the world.
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A pip is the smallest unit of trade in the foreign currency market. It's an acronym for percentage in points.
The best time to trade the AUD/JPY pair is during the Asian and early European trading sessions, when the Japanese and Australian markets are open, resulting in enhanced liquidity and price swings. You can use PSFX as your trading platform, which includes all necessary tools and support.
AUD/JPY is a minor currency pair, which means it is popular but not related to USD. Such partnerships are often known as cross-currency pairs.
The AUD/JPY pair is given at 1 AUD per x JPY. For example, if the pair is trading at 1.50, it implies it costs 1.5 JPY to buy 1 AUD.
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