Moody's says the yen could rise if North Korea conflict increases risk aversion

Can we get a big 'thank-you' for Moody's please?

Yeah - an increase in risk aversion tends to give the yen a boost.

On North Korea specifically ... This was noticeable when the North started firing off missile and nuke tests. But the effect did diminish as these persisted until it became barely noticeable.

Still, risk aversion should boost the yen.