Dollar Advances From 2015 Low Before UN Meeting on North Korea
- U.S. will pay a price if harsher sanctions imposed, KCNA says
- Markets had headed into the weekend priced for the worst
U.S. Wants Vote on Harsher N. Korea Sanctions
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The dollar climbed from a 32-month low as concerns over Hurricane Irma eased and the anniversary of North Korea’s founding passed without a missile test.
The greenback advanced as much as 0.7 percent against the Japanese yen, and Treasury yields rose. Irma was downgraded to a Category 2 storm after making landfall in Florida and traders unwound positions placed on speculation that North Korea would conduct a missile test over the weekend.