North Korea fired multiple unidentified projectiles early Wednesday – Yonhap

At the start the Asian trading session, Yonhap came out with a news report, quoting South Korean military’s Joint Chiefs of Staff, mentioning that North Korea fired multiple unidentified projectiles early on Wednesday.

More to come…

FX implication

Although immediate market reaction to the news is almost nil, such developments drag risk sentiment and strengthen safe-havens like Japanese Yen (JPY) and Gold.