 Yen rose broadly today after the BoJ raised interest rates for the second time this year, and maintained hawkish bias. However, buying momentum has not been decisive. This lack of strong momentum can be attributed to the fact that the rate hike decision was likely well priced in by the markets. Nikkei's rebound following the announce further indicates that BoJ's move was anticipated. Additionally, traders remain cautious ahead of FOMC rate decision later today, where Fed might signal a rate cut in September. In contrast, Australian Dollar tumbled broadly following release of quarterly CPI data. Markets and economists showed relief as the trimmed mean CPI slowed in Q2, which overshadowed the rise in headline CPI. The continued core disinflation provides RBA with some room to keep interest rates unchanged next week, avoiding the need for another rate hike. Overall, Dollar is following Aussie as the second weakest currency of the day so far, with Loonie r trailing in third place. Swiss Franc has emerged as the strongest currency, followed by Yen and then Euro. British pound and Kiwi are positioned in the middle of the performance spectrum... | 
