Russia relocates tactical nuclear weapons into Belarus

Western officials confirmed to Foreign Policy that Russia has moved tactical nuclear weapons from its borders into neighboring Belarus, several hundred miles closer to NATO territory. This move comes as Russian President Vladimir Putin threatens a wider military showdown with NATO over the alliance’s backing for Ukraine. 

Key quotes

“The Russians can reach any place in NATO with nuclear missiles with what they have on their own territory,” said Rose Gottemoeller, a former top US arms control envoy and deputy secretary-general of NATO.”

“It does not change the threat environment at all. So it is purely a political message.”

Market reaction

The US Dollar Index (DXY) attracts some buyers following the geopolitical tension headline. At the time of writing, the index is trading near 103.45, holding higher while adding 0.09% on the day.

Source: https://www.fxstreet.com/news/russia-relocates-tactical-nuclear-weapons-into-belarus-202403150046