How would they be forced to do this?
As the chart shows the dollar is at a pivotal point here, or could be. Seems laughable the the G8 ministers swear on their cell-phones that they won't be talking about currency rates.
http://www.futuresource.com/charts/charts.asp?symbols=DXY&period=M
BTW, I've been reading a book called The Great Game by John Steele Gordon. I found this reference to James Baker, former Reagan Sec of Treasury, Bully of Electorates and Scooper-upper of deflated Asian and defense assets and I'd like to know what he wanted, who he was threatening, etc. Know where I can read about this in more detail?
" The market peaked on August 25, 1987, at 2722.42. Then, as troubling news items compounded(the continuing rise in bond yields, a threat by Treasury Secretary James Baker to let the dollar fall against other currencies, a large trade deficit, an Iranian missile hit on a US flag tanker in the Persian Gulf, and more) the market began to slide. By October 16, when it fell 109 points, the biggest one-day drop in its history, it had fallen 17.5 percent 2246.74"