In a written response to US security proposals, Russia told the US that their proposals were not constructive and ignored Moscow's key concerns, according to Reuters. Russia's original security proposals were intended as a complete package and not for the US to pick and choose from. US proposals raise doubts that Washington is committed to fixing the security situation in Europe, Russia continued. Russia added that growing US and NATO military activity is alarming and Russia's red lines are still being ignored.
Moreover, US ultimatums for Russia to remove troops from parts of Russia's own territory accompanied by sanction threats are unacceptable and undermine the chances of reaching an agreement. Finally, Russia warned that it would be forced to respond, including by implementing military tactical measures in the absence of negotiating any new, legally binding security guarantees.
Market Reaction
The latest run of Russia/Ukraine/NATO headlines, which suggest more violence in Eastern Ukraine and worsening tensions, are weighing on sentiment, with the S&P 500 now trading more than 1.0% lower on the day.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended content
Editors’ Picks
EUR/USD stays below 1.0400 ahead of US inflation data
EUR/USD struggles to stage a decisive rebound on Friday and continues to trade below 1.0400. The risk-averse market atmosphere helps the US Dollar hold its ground and limits the pair's upside. Investors await November PCE inflation data from the US.
GBP/USD touches fresh multi-month low below 1.2500
GBP/USD recovers to the 1.2500 area after touching its lowest level since May near 1.2470. The pair stays on the back foot after the Fed and the BoE policy announcements this week pointed to a potentially diverging policy outlook.
Gold price holds above $2,600, supported by souring market mood
Gold clings to modest daily gains above $2,600 on Friday amid the prevalent risk-off mood. Against the backdrop of persistent geopolitical risks and trade war fears, the threat of a US government shutdown drives some haven flows towards the bullion.
Bitcoin crashes to $96,000, altcoins bleed: Top trades for sidelined buyers
Bitcoin (BTC) slipped under the $100,000 milestone and touched the $96,000 level briefly on Friday, a sharp decline that has also hit hard prices of other altcoins and particularly meme coins.
Bank of England stays on hold, but a dovish front is building
Bank of England rates were maintained at 4.75% today, in line with expectations. However, the 6-3 vote split sent a moderately dovish signal to markets, prompting some dovish repricing and a weaker pound. We remain more dovish than market pricing for 2025.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.