(April 10, 2016) There has been recent speculation that the Japanese authorities might intervene to push down the yen.
Category Archives: the dollar
The Fed, China and Oil
(1/1/2016) My answers to three questions at the start of 2016 (from Chosun Ilbo, leading Korean newspaper):
September 22 is the 30th Anniversary of the Plaza Accord
(9/21/2015) Exactly 30 years ago, on September 22, 1985, ministers of the Group of Five countries met at the Plaza Hotel in New York and agreed on a successful initiative to reverse what had been a dangerously overvalued dollar.