Portugal Current Account Balance up to €-1.009B in July from previous €-1.837B

Sep 18, 2026

Australian Dollar soars against Japanese Yen as BoJ rate hike disappoints hawks

AUD/JPY jumps on Friday and trades around 112.60 at the time of writing, up 1.54% on the day. The Australian Dollar (AUD) benefits from a sharp decline in the Japanese Yen (JPY), despite the Bank of Japan (BoJ) raising its policy rate to the highest level since 1995.

Bank of Japan: Hawkish path with FX doubts – TD Securities

TD Securities’ Prashant Newnaha notes the Bank of Japan raised its cash rate by 25bps to 1.25%, in line with market expectations, and kept a hawkish framework that points to further hikes, with the next move seen in December.