Japanese Yen Rose Amid Growing Tension Between US and North Korea

Market Reviews

The US dollar recovered, as the latest data showed further tightening in the labor market. The dollar index reached the level of 93.87. The US Labor Department stated that job openings increased by 461.000 to 6.2 million in June.

The Japanese yen has risen significantly, reaching its highest level since June 15, amid growing tensions between the US and North Korea. North Korea claims that it is considering plans to strike at the territory of the United States.

Consumer prices in China rose to 1.4% in July from the previous year, but growth was lower than economists' forecast of 1.5%. The producer price index remained unchanged at 5.5% yoy.