After yesterday's sharp declines, the US dollar fell further against her Asian counterparts and the slump continued in early European session with the GBP/USD surging north of 1.3150. The dollar fell most notably against the Japanese yen, which rallied across the board. Investors piled in on the yen due to its perceived safe haven appeal as they feared North Korea tensions may rise again at the weekend in the event of another missile launch. News that South Korea has detected xenon, possibly from North Korea nuclear test sent the USD/JPY below 107.50. The US dollar has been out of favour throughout this year as ... (full story)