Dollar slumps, Tokyo tanks as North Korea tensions spike

Embargo against China is needed, now.

Peace and Freedom

AFP

© US AIR FORCE/AFP | President Donald Trump’s apocalyptic warning of “fire and fury” retaliation over North Korea’s weapons programme saw the dollar plummet against the yen Wednesday, with Tokyo stocks in turn sharply down by the break.

HONG KONG (AFP) – President Donald Trump’s apocalyptic warning of “fire and fury” retaliation over North Korea’s weapons programme saw the dollar plummet against the yen Wednesday, with Tokyo stocks in turn sharply down by the break.

The greenback slid to an eight-week low against the safe haven Japanese currency to below 109.80 yen in morning forex trade as escalating tension about Pyongyang’s nuclear ambitions sent a shiver through markets worldwide and abruptly ended languid summer holiday trading.

In New York, the Dow’s winning streak of nine straight records ended as Trump’s sharp rhetoric tipped US stocks into negative territory after they had earlier climbed on positive economic data.

Hong Kong and…

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About Brittius

Direct Descendant of, Roman General, and Consul of Rome, BRITTIUS, of the Imperial Roman Army.
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