"So it reacted when the North threatened Guam", said Mitsuo Imaizumi, chief FX strategist at Daiwa Securities.
Three-hundred-fifty airmen from the 28th Bomb Wing at Ellsworth Air Force Base in South Dakota are among military personnel on Guam, the tiny Pacific island that's been the focus of recent global attention with escalating tensions between the USA and North Korea. It's not clear whether North Korea has tested the miniaturized warhead successfully.
Market participants' focus has turned to the next trigger points that could heighten geopolitical tensions.
"The next focal point is whether North Korea conducts a nuclear experiment and how the United States responds".
In currency markets, the dollar dropped as low as 109.74 yen, its lowest in about two months, from 110.39 yen in NY and the upper half of the 110-yen range in Tokyo earlier Tuesday. Wholesale gasoline was little changed at $1.62 a gallon, heating oil rose 2 cents to $1.65 a gallon and natural gas rose 6 cents to $2.88 per 1,000 cubic feet.
Risk sentiment receded, driving down U.S. Treasury yields which in turn weighed on the dollar.
Kieran Trippier expected to miss Tottenham opener at Newcastle with ankle injury
But if one or more of their best players go down with injuries, there isn't an equal amount of talent waiting in the wings. An injury to either Kane or Alli, or even Christian Eriksen , could cost them a lot of points.
The Standard & Poor's 500 index fell 7 points, or 0.3 percent, to 2,466 as of 11:20 a.m. Wednesday on Wall Street.
With Asian bourses and US stock futures weakening early on Wednesday, the safe-haven 10-year Treasury yield was last down 3 basis points.
The euro ended Tuesday's session down 0.36% against the dollar after data showing that USA job openings surged to a record in June reinforced Friday's solid employment report.
Travel and media companies led USA stocks lower in afternoon trading Wednesday as some rare earnings disappointments weighed on the market.
The kiwi remained on the defensive ahead of the Reserve Bank of New Zealand's meeting on Thursday, when it is widely expected to hold rates steady at record lows.
The jump in the franc had prompted hedge funds to unwind leveraged positions which involved borrowing in the weak Swiss currency and investing the proceeds in the relatively higher-yielding Australian dollar and the Canadian dollar.
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