present russia ukraine war effect the forex trading world?

Tokenz said:
I'm only going to tell you this once, and I want you to listen closely, with your ears, and read with your eyes. Now pay attention.

First I need you to turn on the power to your computer.

You can do this by taking your finger and pushing the button that says power.

Next I need you to take your hand, lift it up and put it near the keyboard and type in "Google"

Next I want you to take your little fingers and type in "War Ukraine" into Google.

Next I want you to take note of the date the news came out of the war in Ukraine on Google and then go to the charts and look at that same exact date on the charts. You can do this by opening your eyes and looking.

I know you may find this hard to believe, but whatever price movement after the news broke out will be the effect the news has on the market.

Next I want you to take a good look in the mirror and tell yourself that your momma didn't raise no fool, and then shut the computer off.
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Bro you forgot the step to let him connect to the internet, else how will he use Google? :(
 
Whenever a war happens, the world economy suffers, and it is going the same way in the war between Ukraine and Russia. Forex has become even more volatile in the past few days with all major currencies taking a dip, be it USD, EUR, GBP, and so on. As long as the war is on, the market will remain more unpredictable than usual.
 
Some people say it’s a good time to trade, while others say the exact opposite. I’m going to avoid this highly volatile period because I am not in a condition to suffer losses. There are definitely better days ahead.
 
War in Ukraine has sparked a scramble for dollars
https://www.cnn.com/2022/03/06/investing/stocks-week-ahead/index.html

The US dollar serves as the backbone of the global economy and is considered the safest currency to hold. So in times of uncertainty, investors like to stock up.

What's happening: The dollar rose to its highest level since spring 2020 last week as fears grew about how Russia's war in Ukraine would ricochet through the global economy and financial markets.

One reason for its sharp rise: Investors decided they didn't want to hold euros anymore given Europe's proximity to the conflict. They dumped the bloc's common currency and bought dollars instead.

"European markets are simply not attractive in this moment simply because of their geographical exposure to Ukraine and Russia," ING strategist Francesco Pesole told me.

(More at above url)
 
radex78 said:
Russia has a currency namely Rubble, in forex currency pair...

usdrub-d1-fxopen-investments-inc.png
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That's a fine idea. I rather like the idea of referring to the Russian currency as
"Rubble."
 
In geopolitics tension like as war, usually, people or investors will look for the safe-haven asset, here safe-haven assets included safe-haven currency like as USD, JPY, CHF, the three currency considered as safe haven, USD considered as a safe-haven currency because still become reverse currency global, JPY becomes safe haven because Japan considered a country with a stable growth economy. in metal, there is Gold considered a safe-haven commodity.

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The war between Russia and Ukraine has affected every market, so how could forex remain untouched by its impact? Forex too felt the heat, as there were significant dips in the prices of all currencies, especially the ones related to the countries involved in this war. Wars are never good for economies and despite knowing that, countries go to war and force the entire world to suffer the consequences.
 
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