Select Language

US to provide Ukraine with intelligence for long-range missile strikes on Russia -- WSJ

Breaking news

US to provide Ukraine with intelligence for long-range missile strikes on Russia -- WSJ

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.10.02 09:32
US to provide Ukraine with intelligence for long-range missile strikes on Russia -- WSJ

update 2025.10.02 09:32

The United States (US) will provide Ukraine with intelligence to support long-range missile strikes on Russian energy infrastructure, the Wall Street Journal (WSJ) reported on Wednesday. US President Donald Trump approved the move, and US officials are urging NATO allies to do the same.

Market reaction 

At the press time, the Gold price (XAU/USD) is down 0.22% on the day to trade at $3,857.

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.


Date

Created

 : 2025.10.02

Update

Last updated

 : 2025.10.02

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

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/CAD Price Forecast: Moves above 1.4000, nine-day EMA due to bullish reversal potential

USD/CAD extends its gains for the second successive session, trading around 1.4010 during the European hours on Friday. The technical analysis of the daily chart suggests a potential for a bullish reversal as the pair rebounds from the lower boundary of the ascending channel pattern.
New
update2025.10.24 16:19

GBP/JPY extends gains, nearing 204.00 after upbeat UK Retail Sales

The British Pound has accelerated its uptrend on Friday, reaching fresh two-week highs in the area of 203.90, buoyed by an unexpected increase of September's UK Retail Sales figures, and is on track to close the week with a o0.8% advance, its best weekly performance since July.
New
update2025.10.24 16:17

EUR/USD hovers near recent lows ahead of Eurozone PMIs

EUR/USD shows moderate losses on Friday, trading a few pips above 1.1600 at the time of writing, on track for a 0.4% weekly decline.
New
update2025.10.24 16:07

Forex Today: PMI reports from major economies and US CPI data to lift volatility

Here is what you need to know on Friday, October 24:
New
update2025.10.24 15:57

NZD/USD hovers around 0.5750 as traders adopt caution ahead of US CPI data

NZD/USD moves little after registering gains in the previous session, trading around 0.5750 during the early European hours on Friday.
New
update2025.10.24 15:51

AUD/JPY holds positive ground above 99.00 as trade talks boost investor sentiment

The AUD/JPY cross trades on a stronger note near 99.35 during the early European session on Friday. Hope for a US-China trade deal provides some support to the Australian Dollar (AUD) against the Japanese Yen (JPY).
New
update2025.10.24 15:46

EUR/GBP remains subdued near 0.8700 following UK Retail Sales, awaits PMI data

EUR/GBP inches lower after two days of gains, trading around 0.8710 during the Asian hours on Friday. The currency cross holds losses following the United Kingdom (for September.
New
update2025.10.24 15:11

Crude oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $61.33 per barrel, down from Thursday's close at $61.60.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.04 after its previous daily close at $65.29.
New
update2025.10.24 15:07

FX option expiries for Oct 24 NY cut

FX option expiries for Oct 24 NY cut at 10:00 Eastern Time via DTCC can be found below.
New
update2025.10.24 14:59

USD/INR falls while India's flash PMI growth cools down

The Indian Rupee (INR) trades higher against the US Dollar (USD) on Friday. The USD/INR pair falls to near 87.85 as the Indian Rupee gains amid growing optimism over the trade deal between the United States (US) and India.
New
update2025.10.24 14:58

Disclaimer:arw

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.

  • Facebook
  • Twitter
  • LINE

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

I agree
share
Share
Cancel