Reserve Diversification. October 21, 2009 A Recovery in Global Trade could Push Oil to USS87. October IS, 2009. Return of the Global Savings Glut, Stephen Jcn, August 27, 2009. Falling into the Gutter of the Dollar Smile, Stephen Jen, August 14. 2009. GBP/USD and USDJPY to Rise with Equities, Stcphcn Jcn