The yen and Treasuries gained as disappointing China inflation data revived concerns about the global growth outlook. Dovish minutes from the Federal Reserve weighed on the dollar.
Japan's currency rose against all of its Group-of-10 peers except for the Australian dollar, after a report showed Chinese factory pricesclimbed at the slowest pace in more than two years in December, underscoring the Asian economy's slowing growth momentum
The producer price index rose 0.9% in December y/y, while the consumer price index climbed 1.9%. Both were lower than in November and the median estimate of economists
USD/JPY fell 0.2% to 107.92 after dropping 0.5% on Wednesday
AUD/USD rose 0.3% to 0.7188, reversing an earlier loss after a report showed iron ore shipments from Australia’s Port Hedland gained 16% to 45.8 million metric tons in December from the prior month
EUR/USD climbed 0.1% to 1.1559