.No pre-specified concept on pace of price hikesAlso none on whether we will certainly jump rates a number of more timesIf economic situation, rates transfer line along with projection, at that point we will definitely change policy in stagesHave to scrutinise market steps at each policy meetingNo pre-specified concept on whether there is actually a ceiling on the amount of our team could elevate costs eitherThese are points that yen upwards wish to hear I presume, even if he is actually trying to become vague on timing. He might possess simply pointed to market dryness hindering all of them to hike. Yet instead, he chose to refer to not possessing any sort of "pre-specified" notions. Thus, yeah. USD/JPY is actually currently down to the lows for the day at 143.20 degrees.This article was written by Justin Low at www.forexlive.com.