.No predetermined idea on speed of rate hikesAlso none on whether our team are going to jump rates numerous much more timesIf economic climate, rates relocate line with projection, after that our team are going to adjust plan in stagesHave to scrutinise market relocations at each plan meetingNo pre-programmed idea on whether there is actually a roof on how much we can elevate rates eitherThese are actually points that yen bulls would love to hear I suppose, even if he is actually trying to be hazy on timing. He could possibly've easily sharp to market dryness preventing them to hike. However as an alternative, he picked to talk about certainly not having any kind of "pre-programmed" notions. Thus, yeah. USD/JPY is currently up to the lows for the day at 143.20 amounts.This write-up was actually composed by Justin Low at www.forexlive.com.