He could, for example, direct the Treasury to fight a dollar decline by intervening in the foreign exchange market.
It is not hard to find reasons for a further dollar decline.
That would be a dollar decline of more than 11 percent from current levels, enough to rekindle the gold rally.
An orderly dollar decline, like the one that occurred last year, is easy for the economy and the financial markets to handle.
This compared with a 53.3 million dollar decline in revenue the previous year.
The market was concerned that participants in the meeting might want to see the dollar decline.
"After all the months of dollar decline, we should be getting much stronger export performance."
But how much more in profits can be squeezed from a dollar decline that seems to have nearly run its course?
And that means a dollar decline is right on right now.
But this kind of easy-to-play dollar decline is not likely to occur again any time soon.