US assesses North Korea has launched at least one short range projectile – CNN
|Having heard from Yonhap about North Korea’s firing of unidentified projectile near Wonsan, CNN gave the details of the projectile confirming it from the US defense official.
The news report mentions that North Korea has launched at least one short-range projectile. The launch appears to resemble the May 2019 firing of two short-range missiles, which traveled approximately 260 miles.
South Korean Joint Chiefs of Staff was also quoted in the report saying, “Our military, in preparation for additional launches, is maintaining (its) readiness posture by monitoring related movements”.
FX implications
If the news right, the latest peace between the US and North Korea could be broken and may positively affect the safe havens like the Japanese Yen and Gold.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.