Top Insights
The launch is towards the East Sea (AKA Sea of Japan).
North Korea has been very busy developing missile tech and nukes. The country got a big boost during the previous US administration and has made the most of it.
Back in the day a show of aggression like this from NK would tend to trigger moves into yen. Not so much any more.
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
US Dollar surges to two-year high as Eurozone PMIs disappoint
The US Dollar (USD) jumps on Friday to its highest level in...
USD: Moderately hawkish remarks from Williams – ING
Yesterday’s US Dollar (USD) rally led to a break below the key...
Pound Sterling weakens as UK Retail Sales, flash PMI declines
The Pound Sterling (GBP) weakens against a majority of its peers, except...
USD/JPY: Bias for downside play – OCBC
USD/JPY fell overnight as the pair traded sideways this week.
Leave a comment