The US dollar has hit a 14-year low against the Japanese yen with low interest rates in the US making the greenback less attractive to investors. The dollar slipped to 86.5 yen, its lowest level since July 1995. The US has indicated it is unconcerned about the dollar's slide, and will not intervene to strengthen it. Many traders are swapping dollar holdings for gold as a safer investment in the current uncertain economic climate. The price of gold is currently at a record high of 1,194.5 dollar an ounce. The dollar has also fallen significantly against the pound and the euro this year.