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Yen gains in mostly knee-jerk reaction to North Korean missile

Investors seem unsure whether latest shot marks escalation by unpredictable regime

| Japan

TOKYO -- Investors moved money into Japanese government bonds and gold Tuesday as a North Korean missile launch over Japan triggered a bout of risk aversion that seemed to ease later in the day.

The launch just before 6 a.m. local time lit up market data terminals around the world. Japan's currency touched a four-and-a-half-month high against the dollar during London trading hours, nearing its 108.13 yen high for the year.

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