AUD / JPY TRADES NEAR 110.60 AS FXSTREET CITES BANK OF JAPAN SIGNALS

What happened: The Australian dollar traded near 110.60 yen in an early European session snapshot Thursday, as FXStreet said recent Bank of Japan inflation remarks helped underpin the yen. Key numbers: FXStreet placed support at 110.20 and resistance at 111.15, with the 100-day moving average around 112.10 and RSI near 50. Why it matters: FXStreet described the chart outlook as modestly bearish, while RBA Deputy Governor Andrew Hauser said the inflation outlook had become materially worse than the bank's August view.

The Australian dollar traded near 110.60 yen in an early European session snapshot Thursday, as FXStreet said recent Bank of Japan inflation remarks helped underpin the yen.

FXStreet described the chart outlook as modestly bearish, while RBA Deputy Governor Andrew Hauser said the inflation outlook had become materially worse than the bank's August view.