Forex glossary

Risk-on / risk-off in Forex

A clear definition of Risk-on / risk-off, with practical context for reading markets and making better trading decisions.

Level 7 · Connect News to MarketsRisk management

Definition

A shorthand for whether markets are favouring riskier assets or seeking perceived safety. It is a changing environment, not a trade signal by itself.

During a risk-off move, flows may favour USD, JPY, or CHF, but context still matters.

Understanding Risk-on / risk-off helps traders interpret market information, plan decisions, and manage risk with more context.

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