FinMins of Japan and US Chat Ahead of G20 March Meeting

Finance Minister Taro Aso on Thursday held a brief phone conversation with U.S. Treasury Secretary Steven Mnuchin, Japan’s Finance Ministry said, as they seek to deepen bilateral economic cooperation.

During the roughly five-minute conversation conducted in English, Aso and Mnuchin expressed their hope that a first face-to-face meeting can be arranged when Group of 20 finance ministers and central bankers gather in March in Germany.

Aso and Mnuchin did not discuss currency issues, a senior government source said.

It was the first contact between Aso and Mnuchin, after the latter assumed his post on Monday. Aso congratulated him on his confirmation, according to the ministry.

If a meeting between Aso and Mnuchin is organized in Germany’s Baden-Baden in March, currency policy could be an agenda item.

via Mainichi

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza