===This post is not intended to cause a political argument.===
Fact:
TAIPEI (Reuters) - Taiwan recalled its foreign ministry representative in Japan on Saturday over Tokyo's handling of a ship collision in disputed waters, escalating a rare spat between two governments that normally get along.
http://in.reuters.com/article/worldN...34063420080614
Before this, a Taiwanese offical threatened Japan by saying that he would not rule out going to war with Japan.
What do you all think about what kinds of impact this news has on the currency market, especially, USD/JPY and other Yen crosses?
My main question is...is this incident going to be a factor to sell Japanese Yen and buy more US dollars for the geopolitical risks caused by the development of the news?
Again, I am not intending to cause an argument on which country is the one to be blamed on this incident.
Thank you.
Fact:
TAIPEI (Reuters) - Taiwan recalled its foreign ministry representative in Japan on Saturday over Tokyo's handling of a ship collision in disputed waters, escalating a rare spat between two governments that normally get along.
http://in.reuters.com/article/worldN...34063420080614
Before this, a Taiwanese offical threatened Japan by saying that he would not rule out going to war with Japan.
What do you all think about what kinds of impact this news has on the currency market, especially, USD/JPY and other Yen crosses?
My main question is...is this incident going to be a factor to sell Japanese Yen and buy more US dollars for the geopolitical risks caused by the development of the news?
Again, I am not intending to cause an argument on which country is the one to be blamed on this incident.
Thank you.