Category Archives: the dollar

No, Japan Does Not Intervene in FX These Days

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(April 10, 2016) There has been recent speculation that the Japanese authorities might intervene to push down the yen.

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The Fed, China and Oil

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(1/1/2016) My answers to three questions at the start of 2016 (from Chosun Ilbo, leading Korean newspaper):

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September 22 is the 30th Anniversary of the Plaza Accord

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(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.

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