In the previous video, we looked at markets when they are in the risk-on setting.

Now, markets like the sea have different moods, and one setting that we would like to look at today is the risk-off mood.

In this video, Giles Coghlan, Chief Currency Analyst, HYCM, will show you how to recognise when the market is in a risk-off mood and also which currency pairs you will look to trade during the risk-off mood, and finally, and perhaps most importantly, which currency pairs you should look to avoid when the market is trading in the risk-off way.