Aussie dollar slides below 109 yen for first time in six months after soft CPI; yen firms on intervention watch

The Australian dollar fell below 109 yen for the first time in six months and AUD/USD slipped after Australian CPI came in below expectations, prompting expectations the RBA will pause rate hikes. The yen firmed on Japanese and US verbal intervention warnings, with USD/JPY at 156.734.

Detected & updated continuously · Source: Nebula