The shutdown of the US government and the uncertainty that it entails, and doubly so ahead of the looming debt ceiling, is a disruptive force, skewing the investment climate. Many medium and long-term investors have largely moved to the sidelines. The US dollar has been generally weaker since the shutdown. The Australian dollar was the strongest currency against the US dollar over the past week. It rose by about 1.2%, yet it is often understood as the opposite of a safe haven, a risk asset. The yen has been the second strongest currency, appreciating by almost 0.85% against the dollar and is it usually perceived as a ... (full story)