Created
: 2024.11.29
- 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
Putin threatens 'all means of destruction' if Ukraine gets nuclear weapons
World FX news
Breaking news
Putin threatens 'all means of destruction' if Ukraine gets nuclear weapons
New
2024.11.29 09:47
2024.11.29 09:47
2024.11.29 09:47
Russian President Vladimir Putin issued a series of military threats towards Ukraine and reiterated earlier statements that the US and other European allies now have "direct involvement" in Ukraine's conflict with Russia during a press conference in the Kazakhstan capital city, per Sky news.
Putin said that If Ukraine becomes a nuclear power, Russia will use all means of destruction.
In reaction to Ukrainian long-range attacks on Russian territory using Western weaponry, Russia is seeking targets in Ukraine, including "decision-making centres" in Kyiv, noted Vladimir Putin.
Market reaction
At the time of writing, the gold price (XAU/USD) is trading 0.08% lower on the day to trade at $2,638.
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
: 2024.11.29
Related articles
USD/INR extends downside ahead of Indian GDP data
15 minutes agoEUR/JPY drops below 159.00 as Tokyo core inflation exceeds expectations
58 minutes agoJapanese Yen jumps to over one-month high against USD after Tokyo CPI release
2024.11.29 11:16Australian Dollar rises as RBA Bullock states inflation too high to consider rate cuts
2024.11.29 10:48PBOC sets USD/CNY reference rate at 7.1877 vs. 7.1894 previous
2024.11.29 10:15Putin threatens 'all means of destruction' if Ukraine gets nuclear weapons
2024.11.29 09:46
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
USD/INR extends downside ahead of Indian GDP data
The Indian Rupee (INR) extends its decline near its all-time low on Friday.
New
2024.11.29 12:30EUR/JPY drops below 159.00 as Tokyo core inflation exceeds expectations
The EUR/JPY pair loses momentum, trading around 158.80 during Friday's Asian session, as the Japanese Yen (JPY) gains strength.
New
2024.11.29 11:47Japanese Yen jumps to over one-month high against USD after Tokyo CPI release
The Japanese Yen (JPY) strengthens across the board following the release of strong November consumer inflation figures from Tokyo, Japan's capital, which backs the case for another Bank of Japan (BoJ) interest rate hike in December.
New
2024.11.29 11:16WTI holds steady above $68.00, all eyes on OPEC+ meeting
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.85 on Friday.
New
2024.11.29 10:57Australian Dollar rises as RBA Bullock states inflation too high to consider rate cuts
The Australian Dollar (AUD) extends its winning streak for the third successive session on Friday following the hawkish comments from Reserve Bank of Australia (RBA) Governor Michele Bullock.
New
2024.11.29 10:48PBOC sets USD/CNY reference rate at 7.1877 vs. 7.1894 previous
On Friday, the People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1877, as compared to the previous day's fix of 7.1894 and 7.2244 Reuters estimates.
New
2024.11.29 10:15Putin threatens 'all means of destruction' if Ukraine gets nuclear weapons
Russian President Vladimir Putin issued a series of military threats towards Ukraine and reiterated earlier statements that the US and other European allies now have "direct involvement" in Ukraine's conflict with Russia during a press conference in the Kazakhstan capital city, per Sky news.
New
2024.11.29 09:46USD/JPY attracts some sellers below 151.00 as Japan's Tokyo CPI inflation accelerates in November
The USD/JPY pair loses traction to around 150.95 during the early Asian session on Friday.
New
2024.11.29 09:18ECB's Villeroy: Victory against inflation is in sight
The European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday that the central bank should keep its options open for a bigger rate cut next month and its policy rate could eventually fall to a level that once again boots growth, per Reuters.
New
2024.11.29 08:43Breaking: Japan's Tokyo Consumer Price Index rises by 2.6% YoY in November vs. 1.8% prior
The headline Tokyo Consumer Price Index (CPI) for November rose 2.6% YoY as compared to 1.8% in the previous month, the Statistics Bureau of Japan showed on Friday.
New
2024.11.29 08:33Disclaimer:
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
