The Forex market has made significant moves as well. Risk aversion has strengthened the USD and the JPY. EURUSD and GBPUSD hit new lows for 2010. GBPJPY, a very volatile pair, dropped over 1,000 pips today.
Yet the USD is not the safe haven it once was, as gold soared against the USD. It is once again over the 1,200 mark.
In moments of risk aversion, look to buy the USD or JPY against higher yielding pairs. […]