# Dollar weakens vs yen, franc on North Korea nuclear tests

> The dollar fell against the yen and Swiss franc on September 4 after North Korea's sixth nuclear test. Investors rushed into traditional hedges but saw a low chance of full-scale conflict. Commerzbank said markets were unlikely to react much unless the situation escalated.

- Date: 2017-09-04 · published 2017-09-04T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/69179-dollar-weakens-vs-yen-franc-on-north-korea-nuclear-tests
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Brief safe-haven flows into the yen and franc have limited direct effect on grain and oilseed prices. Escalation to conflict would be a larger risk for energy and freight markets than for feed.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2017/09/03/yen-edges-higher-after-north-koreas-nuclear-test.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.