Stanley White Archive

Paulson weak dollar policy ends- MOF to resume intervention

[Skip to the end] Before the body is cold the MOF has announced they are no longer going to be intimidated by being called ‘currency manipulators’ and ‘outlaws’ by Paulson and are resuming the building of the USD reserves to support their export industries. Bernanke’s beggar thy neighbor policy is being matched ...Read More

Yen strength

[Skip to the end] BOJ Helpless as Yen Rises on Carry, UBS, Barclays Say by Ron Harui and Stanley White Nov. 6 (Bloomberg) — The Bank of Japan may be powerless to prevent the yen from rising to a 13-year high, according to the world’s biggest foreign-exchange traders. Wrong! Japan can sell ...Read More