Fighting talk from Japan PM adviser, hints at further BoJ easing

FXStreet (Bali) - According to Japanese PM Abe Adviser, Koichi Hamada, Japan can offset yuan devaluation by monetary easing, a fighting talk that may suggest action may be taken by the BoJ at some stage, yet again, by expanding its balance sheet.

Key headlines

BOJ may ease if China move hits external demand too much

China's FX move will tend to boost yen

China's yuan move is a step to free or substantial float