Gold Research
Australian Dollar slides on softer inflation, intervention fears bolster Japanese Yen
AUD/JPY trades around 113.60 on Wednesday at the time of writing, down 0.61% on the day, after weaker-than-expected Australian inflation data triggered broad selling pressure on the Australian Dollar (AUD).
AUD/JPY trades around 113.60 on Wednesday at the time of writing, down 0.61% on the day, after weaker-than-expected Australian inflation data triggered broad selling pressure on the Australian Dollar (AUD).
Gold impact rationale
A weaker U.S. dollar typically supports dollar-denominated gold.
- Source: FXStreet news
- 2026-07-29
- dollar
- inflation
Topics: gold news, gold price impact, dollar, inflation