At least that's there story, and they're sticking to it.
A communique from the G20 group of rich and developing countries made no explicit reference to currency swings on Sunday, despite mounting concern in Europe and Japan over a slide in the U.S. dollar to multi-year lows.
So reports Reuters. But that may in part reflect the contentiousness of dollar debate as much as anything.
In an escalating war of words, European governments have blamed the falling dollar on the huge U.S. budget and current account deficits.
The United States, which remained silent for much of the weekend meeting, struck back in a statement released at the same time as the G20 communique, saying all countries were responsible for boosting growth and correcting trade imbalances.
Want to know what the currency watchers have to say? Try this link.