 Yen declines broadly in a classic "sell-on-news" reaction following BoJ's landmark decision to exit its eight-year negative interest rate policy and announce its first rate hike in 17 years. Although the immediate economic impact of this move is considered minimal, its psychological and symbolic significance cannot be understated. This policy shift was largely anticipated by investors, as evidenced by Nikkei's stability post-announcement, which saw only brief initial buying before stabilizing. In parallel, Australian Dollar faces some downward pressure after RBA keeps interest rates on hold as widely expected. The statement left the possibility of further rate hikes open, yet some market participants interpreted the central bank's language as less hawkish than anticipated. The notion that RBA is "not ruling anything in or out" has led some to speculate that a rate cut could be the next course of action... | 
