(April 10, 2016) There has been recent speculation that the Japanese authorities might intervene to push down the yen.
No, Japan Does Not Intervene in FX These Days
Category Archives: exchange rates
Games Countries Play
(11/28/2015) Calls for International coordination of macroeconomic policy are back, after a 30-year hiatus. To some it looks anomalous that the Fed is about to raise interest rates at a time when most major central banks see a need to extend further monetary stimulus.
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.