Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

U.S. dollar whiplashed on reports of North Korea missile

Published 09/14/2017, 06:33 PM
Updated 09/14/2017, 06:33 PM
© Reuters. FILE PHOTO: U.S. one hundred dollar bills are seen in this picture illustration

© Reuters. FILE PHOTO: U.S. one hundred dollar bills are seen in this picture illustration

SYDNEY (Reuters) - The U.S. dollar fell sharply against the safe-haven yen and Swiss franc in early Asian hours on Friday on reports North Korea had fired another missile, though losses were quickly pared in very jittery trade.

The dollar sank over half a yen to as deep as 109.55 yen in a blink, before rebounding to 110.01. The market has been braced for a missile test for some time, so the move by Pyongyang was no major surprise.

North Korea fired an unidentified missile early on Friday from the Sunan district in its capital, Pyongyang, toward the eastern direction, South Korea's military said.

© Reuters. FILE PHOTO: U.S. one hundred dollar bills are seen in this picture illustration

Latest comments

Have we had enough yet? Even a blind squirrel finds a nut eventually!!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.