Japan's chief cabinet secretary: No damage reported so far from North Korea missile launch

<p>Japan's&nbsp;chief cabinet secretary Matsuno:</p><ul><li>No damage reported so far from North Korea missile launch.</li><li>Japan will&nbsp;lodge protest to North Korea in the strongest possible terms.</li><li>Will&nbsp;keep in close contact with allies.</li><li>Will soon convene a national security committee meeting.</li><li>North Korea's actions are extremely problematic for the people Japan</li></ul><p>It was reported earlier that North Korea launched a missile that led to Japan telling residents to take cover. South Korea military said North Korea launches what it claims to be a spy satellite.</p><p>The USDJPY is&nbsp;holding steady near 147.50, and trades near its low for the day. The price has been down for consecutive days and 5 of the last 6 trading days after trading within 3 pips of the 2022 high (last Monday). The high reached 151.90. That got within 3 pips of&nbsp;of a 32 year high for the pair. The low today reached 147.14.&nbsp;</p>

This article was written by Greg Michalowski at www.forexlive.com.