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Russian ForMin Lavrov: Risks of North Korea conflict are ‘very high’

Russian Foreign Minister Sergei Lavrov recently crossed the wires, via Reuters, saying that the risks of North Korea conflict are ‘very high.’ 

Key quotes:

  • Russia-China plan to defuse North Korea crisis exists
  • Russia-China plan would have North Korea freezes missile test
  • Plan would have US & S.Korea stop large scale exercises

US Dollar bounces off lows post-US CPI

The US Dollar Index (DXY) has plummeted to the 92.90 area in response to poor results from US inflation figures, although it managed to regain some at
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USD/JPY recovers from US CPI-led swing lows, still seemed lacking conviction

The post-US CPI greenback selling seems to have abated, helping the USD/JPY pair to recover around 60-70 pips from the lowest level since April. A sh
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