Forex Market Review (Asian Session) – Dollar under pressure after North Korean missile test; euro breaks 1.20
Posted on August 29, 2017 at 7:45 am GMTThe dollar and risk assets were retreating during Tuesday’s Asian session after a new ballistic missile test by North Korea. The novel feature of the latest missile test by North Korea compared to previous tests was that it flew over the Northern Japanese island of Hokkaido before landing in the Pacific Ocean, which seems to be a first. This caused grave concern in Japan. Despite the fact that Japan was the country that the missile had overflown, the yen gained [..]