S. Korean military fires warning shot at Russian military plane, Yen picks up bid

Dhwani Mehta FXStreet

Latest headlines are crossing the wires on reports that South Korean military fired a warning shot at Russian military plane, as cited by Yonhap.

The plane reportedly entered the South Korean airspace.

Additional Details (Ministry of National Defense):

It was the first time Russian military aircraft violated S. Korean airspace.

The Russian AF bomber flew above the East Sea twice.

S. Korea fighter jets scrambled, fired the warning shots.

3 Russian and 2 Chinese military aircraft operating together in the area.

The Japanese Yen is seen picking up fresh bids on the above headlines, sending the USD/JPY pair back below the 108 handle.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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