Yen and risk aversion

[oogy1]

It appear that the yen is still rising steadily due to risk aversion. Does any else use the yen as a fallback?

[butterworth]

I might be able to answer that if I knew what a fall-back was?

[oogy1]

By fallback I mean a currency to trade long on when everything else is being short sold

[butterworth]

Got you now, yes I have in the past, but I find swapping currencies can get a bit confusing, and tend to avoid the practise.

[butterworth]

The yen's pretty low at the moment, but the Nikkei is up - I'll never get my head completely around this stuff