$JPY drooped to 109.55 low in a blink on the back of a headline North Korea launched another missile flew over Japan landed 2000 kms to the east of Hokkaido. Japanese officials warned residents to take shelter.

US Stock futures traded lower in tandem with $JPY but so far little reaction in Gold and Swiss Franc.

Details of missile are yet to be known but earlier today North Korea made a threatening to sink Japan and reduce the U.S. to ashes and darkness.