It was another “risk off” day yesterday as investors moved out of higher yielding currencies and back into the safe haven of Swiss francs (CHF), which was the best performer. The Japanese yen (JPY) also ticked up a bit versus the US dollar yesterday with the Australian (AUD) and New Zealand (NZD) dollars both dropping. [...] The World’s Next Reserve Currency originally appeared in the Daily Reckoning . The Daily Reckoning provides over half a million subscribers with literary economic perspective, global market analysis, and contrarian investment ideas. Bill Bonner, the founder of the the Daily Reckoning released his latest book Dice Have No Memory: Big Bets & Bad Economics From Paris to the Pampas in April 2011.