North Korea — News Archive

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Japanese Yen Rallies After Trump Orders New Sanctions Against North Korea

The Japanese yen rose today as tensions between the United States and North Korea continued to escalate, making safe assets more appealing to investors.

Swiss Franc Sees No Support from North Korean Missile Launch

The Swiss franc was stable today against some majors and continued to fall versus the very strong Great Britain pound. North Korea launched yet another missile, but that had little impact on markets, showing that market participants feel no need for safety. With that said, currently the franc is starting to move higher.

UN Votes for Watered-Down Sanctions on North Korea, Yen Drops

The Japanese yen fell against other most-traded currencies during today’s trading as the situation around North Korea were calming down, prompting Forex market participants to leave safer currencies in favor of higher-yielding ones.

Swiss Franc Vulnerable Without Help from Risk Aversion

The Swiss franc was weak today as risk aversion on the market has petered out, making traders less interested in safety provided by the currency. Switzerland’s macroeconomic reports were not supportive to the currency either.

Safe Assets Gain as North Korea in Spotlight Yet Again

Safe haven assets, like the Japanese yen, Swiss franc, and gold, started the week sharply higher as markets opened and reacted to the news that North Korea conducted yet another nuclear test on Sunday.

Traders Seek Safety After North Korea Fires Missile Over Japan

Forex traders were seeking safe options during the current trading session after North Korea fired a ballistic missile over Japan. Safe currencies like the Swiss franc and the Japanese yen profited as a result.

Yen Retreats as Risk Aversion Caused by North Korea Subsides

The Japanese yen retreated versus its major peers after yesterday’s rally caused by a North Korean missile test.

Japanese Yen Gains After North Korea Performs Another Missile Test

The Japanese yen rallied against its major peers today after North Korea performed yet another missile launch test. It looks like markets have calmed by now as the currency trimmed its gains.

South Korean Won Falls vs. US Dollar After North Korean Missile Test

North Korea performed yet another missile test, but markets were not disturbed by the event much. Nevertheless, the South Korean won fell a bit against the US dollar.

Rally of Crude Oil Helps Aussie Mitigate Negative Fundemantals

Fundamentals were largely adverse to the Australian dollar, but that did not prevent the Aussie from rallying today. Analysts explained such behavior by the rise of crude oil prices that bolstered currencies linked to commodities, the Aussie being one of such currencies.

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