US dollar climbs as North Korean tensions ease

London

GAINS against the Japanese yen and a weakened British pound led a broad rise in the US dollar on Tuesday, helped by an easing of the tensions over North Korea that last week drove capital towards Switzerland and Japan.

The yen and the Swiss franc had both surged as Washington and Pyongyang ramped up military threats following the imposition of new sanctions on North Korea through the United Nations 10 days ago.