Glossary · Fundamentals & economics
Risk-on
A market mood in which investors favour higher-yielding and commodity currencies such as AUD and NZD over safe havens.
Related terms
Risk-off
A defensive market mood in which money tends to flow into…
Safe-haven currency
A currency that tends to hold up or strengthen in market stress.…
Commodity currencies
Currencies of countries that rely heavily on raw-material exports,…
Market sentiment
The overall mood of traders towards a market or currency, whether…
Bond yields
The return on government bonds. Shifts in the gap between two…
Carry trade
Buying a high-interest currency against a low-interest one to earn…