Day: September 12, 2017

September 12
2017

UN Votes for Watered-Down Sanctions on North Korea, Yen Drops

The Japanese yen fell against other most-traded currencies during today’s trading as the situation around North Korea were calming down, prompting Forex market participants to leave safer currencies in favor of higher-yielding ones. The United Nations voted for sanctions against North Korea. Yet that was a watered-down version of sanctions planned by the United States initially. In particular, the USA dropped oil embargo to win support from Russia and China, who […]

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September 12
2017

UN Votes for Watered-Down Sanctions on North Korea, Yen Drops

The Japanese yen fell against other most-traded currencies during today’s trading as the situation around North Korea were calming down, prompting Forex market participants to leave safer currencies in favor of higher-yielding ones. The United Nations voted for sanctions against North Korea. Yet that was a watered-down version of sanctions planned by the United States initially. In particular, the USA dropped oil embargo to win support from Russia and China, who […]

Read more