USD/JPY gives back all of its Himino gain

I posted on Himino here:

• BOJ’s Himino says rates will rise, but need to watch carefully for risks

I noted that:

• I don’t see anything in Himino’s speech to indicate he is in a rush to raise rates.
• But there is nothing in it either to indicate he is much opposed to doing so.

JPY dropped, but has come right back.

Some jammin’ got done …

This article was written by Eamonn Sheridan at www.forexlive.com. Source