Aso speaking in parliament again

  • Says Mnuchin knows markets, can talk on that basis
  • Mnuchin understands its hard to include FX in trade deals
  • There was a request from the US on FX in TPP talks, there was no deal on FX in TPP


There ya go .... it would be nice to get more detail on what was proposed on forex in the TPP.



  • FX intervention is approved by the G7 and G20
  • A weaker USD and the Fed raising rates is a contradiction
  • What is a good FX level is different depending on industry
  • G7 and G20 have agreed that its bbest if FX is set by the market

Headlines via Bloomberg