US Urges for Stronger Sanctions against North Korea, Effectiveness in Doubt

The focus remains in the heightened North Korean tensions. Demand for safe-haven assets increased with Swiss franc and Japanese yen the best performers (amongst the majors) against US dollar. USDCHF fell -0.68% while USDJPY was down -0.55%. US stock and bond markets were closed for public holiday. The impacts should be reflected as markets reopen today.

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US Urges for Stronger Sanctions against North Korea, Effectiveness in Doubt