Austria Wholesale Prices n.s.a (YoY) increased to 0.2% in June from previous -0.5%

The AUD/JPY cross loses ground to near 94.40 during the early European session on Monday. The Australian Dollar (AUD) weakens against the Japanese Yen as the Reserve Bank of Australia (RBA) is widely expected to cut its Official Cash Rate (OCR) by another quarter point on Tuesday.