ForexMedium•10 November 2026•
1 min read
AUD/JPY Weakens Below 109.50 Amid Official JPY Intervention
Key Facts
1The AUD/JPY cross traded in negative territory around 109.30 during early European trading hours on Tuesday.
2The Japanese Yen strengthened against the Australian Dollar, bolstered by heavy official intervention.
The AUD/JPY cross traded in negative territory around 109.30 during early European trading hours on Tuesday, November 10, 2026. FXStreet reported that the Japanese Yen strengthened against the Australian Dollar, bolstered by heavy official intervention.
This price action follows economic data released in Japan on November 9, 2026, which showed household spending fell by 6.8% year-on-year, a steeper decline than the forecasted 3.1% drop. Additionally, Japan's Current Account recorded a surplus of 2372 billion Yen on the same date, missing the expected 3354.4 billion Yen.
Japan is scheduled to release GDP growth data on November 15, 2026, with market forecasts anticipating a quarterly growth rate of 0.1% compared to the previous 0.4%.