Created
: 2024.09.24
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Israel launches airstrikes against Hezbollah targets as conflict intensifies
World FX news
Breaking news
Israel launches airstrikes against Hezbollah targets as conflict intensifies
New
2024.09.24 08:35
2024.09.24 08:35
2024.09.24 08:35
Israel carried out airstrikes on targets in southern Lebanon, killing almost 500 people in one of the bloodiest days of fighting in nearly two decades and fuelling concerns of all-out conflict, per Bloomberg.
The Lebanese health ministry said that Israel unleashed its most widespread airstrikes against Hezbollah, killing at least 492 people. It marks the deadliest day of violence since the 1975-1990 civil war.
Market reaction
At the time of press, the Gold price was down 0.09% on the day at $2,626.
Risk sentiment FAQs
In the world of financial jargon the two widely used terms "risk-on" and "risk off'' refer to the level of risk that investors are willing to stomach during the period referenced. In a "risk-on" market, investors are optimistic about the future and more willing to buy risky assets. In a "risk-off" market investors start to 'play it safe' because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest.
Typically, during periods of "risk-on", stock markets will rise, most commodities - except Gold - will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a "risk-off" market, Bonds go up - especially major government Bonds - Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit.
The Australian Dollar (AUD), the Canadian Dollar (CAD), the New Zealand Dollar (NZD) and minor FX like the Ruble (RUB) and the South African Rand (ZAR), all tend to rise in markets that are "risk-on". This is because the economies of these currencies are heavily reliant on commodity exports for growth, and commodities tend to rise in price during risk-on periods. This is because investors foresee greater demand for raw materials in the future due to heightened economic activity.
The major currencies that tend to rise during periods of "risk-off" are the US Dollar (USD), the Japanese Yen (JPY) and the Swiss Franc (CHF). The US Dollar, because it is the world's reserve currency, and because in times of crisis investors buy US government debt, which is seen as safe because the largest economy in the world is unlikely to default. The Yen, from increased demand for Japanese government bonds, because a high proportion are held by domestic investors who are unlikely to dump them - even in a crisis. The Swiss Franc, because strict Swiss banking laws offer investors enhanced capital protection.
Last updated
: 2024.09.24
Related articles
AUD/JPY falls to near 98.50 following Ishiba winning the LDP presidential election
27 minutes agoGBP/JPY tumbles below 192.00 as Shigeru Ishiba wins LDP leadership race run-off
32 minutes agoEUR/GBP appreciates to near 0.8350, eyes on ECB officials
2024.09.27 15:18FX option expiries for Sept 27 NY cut
2024.09.27 15:17Forex Today: Markets optimism prevails in the lead-up to US PCE inflation
2024.09.27 15:07US core PCE set to show continued disinflation trend, reinforcing Federal Reserve easing cycle
2024.09.27 15:00
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
AUD/JPY falls to near 98.50 following Ishiba winning the LDP presidential election
AUD/JPY breaks its winning streak that began on September 16, trading around 98.60 during the early European session on Friday.
New
2024.09.27 15:58GBP/JPY tumbles below 192.00 as Shigeru Ishiba wins LDP leadership race run-off
The GBP/JPY cross faces some selling pressure to around 191.85, snapping the three-day winning streak during the early European session on Friday.
New
2024.09.27 15:53EUR/GBP appreciates to near 0.8350, eyes on ECB officials
EUR/GBP retraces its recent losses from the previous session, trading around 0.8340 during Friday's Asian hours.
New
2024.09.27 15:18FX option expiries for Sept 27 NY cut
FX option expiries for Sept 27 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
New
2024.09.27 15:17Forex Today: Markets optimism prevails in the lead-up to US PCE inflation
Here is what you need to know on Friday, September 27: Risk-on sentiment seen in global markets on Thursday extends into Friday, as a raft of Chinese stimulus measures continue to lift investors' confidence.
New
2024.09.27 15:07US core PCE set to show continued disinflation trend, reinforcing Federal Reserve easing cycle
The United States Bureau of Economic Analysis (BEA) is set to release the significant Personal Consumption Expenditures (PCE) Price Index, which is the Federal Reserve's preferred measure of inflation, on Friday at 12:30 GMT.
New
2024.09.27 15:00USD/CHF climbs above 0.8450 as traders brace for US PCE data
The USD/CHF pair attracts some buyers to around 0.8485 on Friday during the early European session.
New
2024.09.27 14:40EUR/JPY Price Forecast: Rises to near 162.50; next barrier appears at eight-week highs
EUR/JPY extends its upside for the fourth consecutive day, trading around 162.50 during the Asian session on Friday.
New
2024.09.27 13:51USD/CAD approaches 1.3500 ahead of US PCE Price Index/Canadian GDP
The USD/CAD pair regains positive traction during the Asian session on Friday and looks to build on this week's recovery move from the 1.3420 area, or its lowest level since March 8.
New
2024.09.27 13:48India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Friday, according to data compiled by FXStreet.
New
2024.09.27 13:36Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
