While the Yen's haven status can't be contested just yet it is important to note that this week we have seen the USDJPY pair returns to a more positively correlated pattern.
For all the questions about the dollar's reliability as a reserve currency, its value strengthened during the crisis as it offered investors a safe haven.
3
当在2008年秋季,恐慌的投资者蜂拥般抛售小型货币时,欧元似乎成了避风港。
When panicky investors were rushing out of small currencies in the autumn of 2008, the euro seemed a haven.