North Korea said it was completing plans to fire four intermediate-range missiles over Japan to land near the US Pacific island territory of Guam in an unusually detailed threat that further heightened tensions with the US.
"They believe that we are not true USA citizens, when we do have plenty of Chamorro people going into the USA military and serving for their country and dying for their country", he said.
In response to two test-fires of intercontinental ballistic missiles (ICBM) by North Korea last month, the United States and South Korea repeatedly fired surface-to-surface missiles into neutral waters close to North Korea.
The dollar carried over its weakness from overnight trading overseas, where dollar selling gathered steam following a news report citing USA intelligence officials as saying that North Korea has succeeded in making a nuclear warhead that is small enough to be mounted on its missiles.
Later in the session dollar traders will be busy monitoring producer prices in the U.S., ahead of the key inflation figure tomorrow. Job openings jumped 8 percent to 6.2 million, the Labor Department said Tuesday.
The report said initial jobless claims crept up to 244,000, an increase of 3,000 from the previous week's revised level of 241,000.
Futures markets were also pointing to a lower start for Wall Street, where missile makers have been the only significant gainers in recent days. That's the index's lowest level in two months.
Cempra ( CEMP ) helped to lead the biotech sector lower, extending the pullback seen over the course of the previous session.
The broad-based Stoxx Europe 600 stock index dropped 0.5 percent in early trading, with key indices, such as Britain's FTSE 100, Germany's DAX and France's CAC all down 0.5 percent or more.
Retailers' results are being keenly watched by investors to gauge the companies' strategy to counter No. 1 online retailer Amazon.com's growth.
The CBOE Volatility Index, the most widely followed barometer of expected near-term stock market volatility, was at its highest in more than a month.
Gold rose $16.70, or 1.3 percent, to settle at $1,279.30 an ounce. Gold producers Randgold Resources Ltd. (RRS.LN) and Fresnillo PLC (FRES.LN) gained 1.9% and 2%, respectively, as gold prices leapt almost 1% to $1,273.30 an ounce. He is considered one of the most powerful members of the Federal Open Market Committee. Chinese blue chips closed flat but Hong Kong's Hang Seng fell 0.4 per cent.
The dollar index fell 0.14 per cent, with the euro unchanged at US$1.1757.
Like other US territories, Guam has a sometimes complicated relationship with the USA mainland but many across the island say despite the threats and concerns they feel reassured and protected by the military - especially in times of tense, geopolitical sparring.
Twenty-First Century Fox Inc (FOXA.O) was down 2.65 percent following quarterly revenue that fell short of expectations. Sydney's S&P-ASX 200 gained 0.5 percent to 5,773.70 while Manila and Jakarta also rose.
On the earnings front, News Corp.