Created
: 2025.06.02
- 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
Ukraine launches major drone attack on Russian bombers
World FX news
Breaking news
Ukraine launches major drone attack on Russian bombers
2025.06.02 10:13
2025.06.02 10:13
Ukraine has carried out a "large-scale" drone attack against Russian military bombers in Siberia, striking more than 40 warplanes thousands of miles from its territory, a security official said early Monday.
Ukrainian President Volodymyr Zelensky stated that 117 drones were used in the so-called "Spider's Web" operation by the SBU security service, striking "34% of [Russia's] strategic cruise missile carriers". Russia confirmed Ukrainian attacks in five regions, calling them a "terrorist act."
Market reaction
At the time of writing, the Gold price (XAU/USD) is trading 0.74% higher on the day to trade at $3,310.
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
: 2025.06.02
Related articles
EUR/USD hits multi-year highs as USD struggles despite hotter PCE print
2025.06.28 01:44USD/JPY edges higher as US core PCE rises and risk-on sentiment reduces demand for the Yen
2025.06.28 01:04GBP/USD dips from 1.3770 high as US PCE, sentiment data lift Dollar
2025.06.28 00:39EUR/JPY rally continues as market eyes break above 170.00
2025.06.27 23:54Dollar Index remains weak as core PCE inflation rises, Personal spending fall
2025.06.27 22:56NZD/USD extends winning streak, nearing fresh year-to-date highs
2025.06.27 22:04
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
Gold plunges below $3,300 as risk appetite surges on China trade deal, Middle East diplomacy
Gold price tumbled over 1.50% on Friday amid an improvement in risk appetite, driven by several factors.
New
2025.06.28 02:40EUR/USD hits multi-year highs as USD struggles despite hotter PCE print
The Euro (EUR) climbs for an eighth consecutive day against the US Dollar (USD) on Friday, as the Greenback remains under pressure amid a combination of political and economic headwinds.
New
2025.06.28 01:44Tensions on the Copper market - Commerzbank
According to the International Copper Study Group, the Copper market slipped from a supply surplus to a supply deficit of 50 thousand tons in April, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
New
2025.06.28 01:34USD/JPY edges higher as US core PCE rises and risk-on sentiment reduces demand for the Yen
The Japanese Yen (JPY) is weakening against the US Dollar (USD) on Friday as markets weighed fresh inflation figures and a shift in risk appetite.
New
2025.06.28 01:04GBP/USD dips from 1.3770 high as US PCE, sentiment data lift Dollar
The GBP/USD retreats by over 0.10% after hitting a near four-year high of 1.3770 on Thursday, dipping to 1.3700 as the US Dollar recovers some ground following the release of the US Core Personal Consumption Expenditures (PCE) Price Index for May.
New
2025.06.28 00:39EUR/JPY rally continues as market eyes break above 170.00
The Euro (EUR) strengthens against the Japanese Yen (JPY) on Friday, with the EUR/JPY pair climbing toward levels not seen since July 2024.
New
2025.06.27 23:54Dollar Index remains weak as core PCE inflation rises, Personal spending fall
The US Dollar Index (DXY) is nearing 97.00 support as investors digest the latest batch of inflation data released out of the United States.
New
2025.06.27 22:56NZD/USD extends winning streak, nearing fresh year-to-date highs
The New Zealand Dollar (NZD) extends its winning streak against the US Dollar (USD) for the fifth straight session on Friday, buoyed by broad-based Greenback weakness.
New
2025.06.27 22:04Gold suffers another setback following a US-China trade truce, ahead of PCE inflation report
Gold (XAU/USD) is suffering another setback after reports telling that China and the United States have reached a trade deal.
New
2025.06.27 21:19Fed's Kashkari: The Fed might cut rates twice this year
The President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, noted that he was sticking to his view that cooling inflation would allow the Fed to cut its policy rate twice that year, beginning in September.
New
2025.06.27 21:17Disclaimer:
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
