Investors go for safe havens of US dollar, Swiss franc and Japanese yen

However, the impact of the strengthening Yen against the dollar has investors wondering what the Bank of Japan's next move will be. "The Japanese yen set record levels again last week against the US dollar and the Bank of Japan is watching the yen's every move as needless to say the more the Japanese yen strengthens, the higher the likelihood that they will come in and intervene again," Chris Towner, director of FX Advisory Services at foreign currency specialist HiFX. However, their objective at the moment doesn't seem to be to turn the Japanese yen around as this may upset their G7 cou...