Aussie and Kiwi sag after North Korea missile test

Aussie and Kiwi sag after North Korea missile test

On Tuesday, the Australian and New Zealand dollars declined versus their American counterpart because market sentiment worsened reacting to a fresh missile launch by North Korea. However, market sentiment on the US dollar was also under pressure since the Jackson Hole meeting.

The currency pair AUD/USD sagged 0.55% being worth 0.7924, off last session's three-week maximum of 0.7973.

Sentiment was affected after North Korea fired another ballistic missile. It passed over northern Japan.

After that missile launch Japan, South Korea and the USA asked for a United Nations Security Council gathering. As some diplomats revealed, a meeting of the 15-member Security Council will probably take place later on Tuesday.

The currency pair NZD/USD declined 0.41% being worth 0.7227.

Meanwhile, the US dollar was still pressured after a speech by Fed Chair Janet Yellen on Friday provided no reference to monetary policy, thus disappointing some traders who had hoped Fed Chair would demonstrate rather a hawkish tone.


Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera