The American dollar eased off from its recent peak against all major currencies, including the Japanese yen, due to a new wave of concerns regarding the conflict between the United States and North Korea.
It is believed that North Korea is currently working on a new missile launch, this time potentially to the American Pacific coast. This information was reportedly revealed by a Russian politician who recently visited North Korea.
As a result, traders turned once against to the yen for safety, which boosted the Japanese currency against the dollar. This back and forth movement has been going on for a few weeks and would probably cause the USD/JPY to keep changing its course as long as there is political tension.
The dollar index went from 94.26 down to 93.70.
