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Japan’s Aso: Will avoid competitive devaluations in FX

Japanese finance minister Taro Aso crossed the wires earlier today, via Reuters, declining to comment on Trump’s criticisms on currencies:

Key Headlines:

Japan's FX policy is in line with G7 and G20 agreements

Monetary policy is aimed at domestic objectives

Will avoid competitive devaluations in FX

AUD/JPY only mildly pressured on weak China data

AUD/JPY is extending losses after the latest data out China showed the pace of expansion in the manufacturing activity slowed in January.  The Caixin
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PBOC continues to tighten funding conditions, raises rates for OMO

The People’s Bank of China (PBOC) raised rates for Open Market Operations (OMO) as the central bank continues to tighten funding conditions and rein i
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