Ella 
AUD/JPY snapped a three-game winning streak, falling to around 99.30. The Japanese yen (JPY), considered a safe-haven currency, strengthened as geopolitical tensions in the Middle East escalated. This situation has resulted in a weak AUD/JPY cross.
Iran vowed to retaliate against Israel’s attack on the Iranian embassy in Syria, which resulted in casualties among Iranian military personnel, and geopolitical tensions in the Middle East increased. In addition, there were reports that Iran had stepped up its threats against the Israeli Embassy in the United States, which further exacerbated market concerns.
In addition, Bank of Japan Governor Kazuo Ueda said on Friday that the central bank may adjust monetary policy if foreign exchange fluctuations have a significant impact on the wage-inflation cycle that cannot be ignored. Japanese Finance Minister Shunichi Suzuki agreed, emphasizing that he is paying close attention to currency trends with a strong sense of urgency and is ready to explore all available options to deal with excessive volatility in the foreign exchange market.
