Skip to content

Launch week: 20% off your first year. Use code WELCOME20

Risk sentiment

Risk on or risk off is the one force that moves all eight majors at once, so it gets its own page: a score, the markets behind it, and what it means for each currency today.

14 days free, no card needed to start.

What you see

  • A score from risk off to risk on, with the label in plain words.
  • The parts that make it: equity indices, the volatility index and its change, credit, oil, copper and gold.
  • The defensive currencies against the cyclical ones, measured on price.
  • A chart of the last trading days, so you can see whether the mood is turning or holding.
  • What the reading means per currency, one line each.

What it does not do

  • It describes today, and the mood can turn in an afternoon.
  • It is one of four pillars in a currency score, not the whole of it.

Everything here is research rather than advice, and every call is measured afterwards on the track record.

Questions about risk sentiment

What is risk off in forex?

A stretch where investors would rather hold safety than growth. The yen, the franc and often the dollar gain, while the Australian, New Zealand and Canadian dollars fall.

Why read other markets instead of currencies?

Because equities, volatility and credit usually turn first. By the time a currency ranking shows the mood, the move is already under way.

How often does the score change?

It is recalculated on fresh market data every hour on trading days.

Start this trading week with a clear view

14 days free with every feature, then just $49 a month. Cancel any time.

Start free trial