OctaFX | OctaFX Forex Broker
Open trading account
Back

South Korea, US kick off largest air exercise amid North Korean warnings

According to a South Korea-based US Air Force spokesman, South Korea and the United States launched their largest-ever joint aerial drills on Monday, in the wake of last week’s North Korea missile test.

Key Details via Reuters:

“The annual U.S.-South Korean drill, called Vigilant Ace, will run until Friday, with six F-22 Raptor stealth fighters to be deployed among the more than 230 aircraft taking part. The exercises have been condemned as a provocation by the isolated North.

F-35 fighters will also join the drill, which will also include the largest number of 5th generation fighters to take part.

Around 12,000 U.S. service members, including from the Marines and Navy, will join South Korean troops. Aircraft taking part will be flown from eight U.S. and South Korean military installations.

The joint exercise is designed to enhance readiness and operational capability and to ensure peace and security on the Korean peninsula, the U.S. military had said before the drills began.”

 

Forex Today: USD rules the roost, UK PMI EZ Sentix and Brexit deadline - Key

Broad-based US dollar strength was the main theme in Asia on Monday, in the wake of the US tax reform bill passage and faulty ABC reports on Flynn. Th
Read more Previous

EUR: Key support pegged at $1.18 - BBH

Analysts at BBH note that the euro fell for the first week since the end of October and the high for the week was set on Monday near $1.1960, but even
Read more Next
Start livechat