Japan's Coast Guard says North Korea may have launched a ballistic missile

Newswires carrying the report

More:

  • South Korea Joint Chiefs of Staff confirming - say an unidentified projectile has landed in the East Sea (which is off the coast of the Korean peninsula)
  • the missile did not enter Japanese territory nor its Economic Zone

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Tensions on the Korean peninsula (such as nutjobs launching ballistic missiles) can be a positive for haven flows, USD, yen for example. Kim Jong Un may have cried wolf one too often though .... little FX response of note.