AUD/USD pressured by RBA inflation concerns, USD/JPY intervention risks

AUD/USD faces downward pressure near 0.6450 as the Reserve Bank of Australia's persistent inflation concerns contrast with global growth uncertainties. The RBA's hawkish stance on inflation control suggests extended higher rates, yet risk sentiment remains fragile amid Japan's escalating warnings about yen volatility and potential intervention. Japanese authorities' heightened concern over recent currency depreciation adds uncertainty to carry trades and risk-on positions. The Australian dollar struggles despite domestic rate support, weighed by China growth concerns and commodity price weakness. Meanwhile, Tesla's operational challenges in Korea add to regional market nervousness. Key support for AUD/USD lies at 0.6420 (monthly low), with resistance at 0.6480. Traders should monitor Japanese intervention risks which could trigger broader risk-off moves affecting high-beta currencies like AUD, while any RBA policy shifts regarding inflation tolerance could provide directional clarity.