Haven currencies benefit from strong return of risk aversion as green shoots wither.

The G8 summit starts this Wednesday in L’Aquila, Italy and will last for 2 days. There is much speculation that one of the main focuses will be the greenback and it’s global reserve status. China has led recent debates on the matter, stating that the instability of sovereign states shouldn’t be a risk for large holders of it’s currency – hence the proposition to create a global reserve currency...