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USDJPY Slumps On North Korea Threat About "Next Measures"
With the USDJPY tripping 110 stops moments ago, and breaking above the key resistance level, moments ago the USDJPY and 10Y yields slumped modestly on what appears to have been the latest set of belligerent headlines out of North Korea, which appears to have taken yesterday's UNSC sanctions... badly, with attention falling on the bolded Interfax headline according to which North Korea is about to unveil a new set of "measures" which will "thrust the US into the worst predicament it has ever known": • NORTH KOREA AMBASSADOR TO RUSSIA SAYS NORTH KOREA HAS ONLY ONE PATH - DEVELOPMENT OF NUCLEAR FORCES: IFX • ... (full story)
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