Yen traders – heads up for potential North Korea headlines today

News

North Korea’s ruling party central committee will meet in a plenary session Wednesday.

Per report from the Korean Central News Agency, i.e.  NK state media.

News that NK has continued developing nuclear weapons and delivery systems (ballistic missiles, missile-capable submarines) have hammered home the naivety of the ‘summits’ called by the US administration. If NK ramps up aggression you can expect that to be a positive input for the yen on a ‘flight to safety’ (liquidity) basis.

Winners are grinners.

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