In this video, I go through essential tips that all beginner traders need to know about one of the most popular trading instruments.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
AUD/USD jumps toward 0.6750 after mostly upbeat Aussie jobs data
![AUD/USD jumps toward 0.6750 after mostly upbeat Aussie jobs data](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/AUDUSD/hundred-bucks-3645622_XtraSmall.jpg)
AUD/USD is picking up fresh toward 0.6750 in Asian trading on Thursday, The pair draws support from mostly upbeat Australian employment data for June, which fan RAB rate hike bets. Meanwhile, the US Dollar remains depressed amid Fed rate cut bets, capping the pair's downside.
USD/JPY retakes 156.00 after suspected BoJ intervention-led drop
![USD/JPY retakes 156.00 after suspected BoJ intervention-led drop](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDJPY/japanese-yen-currency-and-dollar-bank-note-60447626_XtraSmall.jpg)
USD/JPY is back above 156.00, having witnessed a sharp drop amid thin liquidity in the early Asian hours on Thursday. The pair finds support from a modest uptick in the US Dollar alongside the US Treasury bond yields, reversing the suspected BoJ intervention-led sell-off.
Gold price stays supported at $2,450 amid risk aversion, Fed easing bets
![Gold price stays supported at $2,450 amid risk aversion, Fed easing bets](https://editorial.fxstreet.com/images/Markets/Commodities/Metals/Gold/safe-investment-gm147311616-17537479_XtraSmall.jpg)
Gold price sees some fresh buying interest above $2,450 in the Asian session on Thursday, stalling a retracement from a fresh record high. Gold price cheers broad risk aversion and heightened Fed easing expectations ahead of mid-tier US data and more Fedspeak.
Ethereum ETF issuers file updated drafts, ETH staking still a possibility
![Ethereum ETF issuers file updated drafts, ETH staking still a possibility](https://editorial.fxstreet.com/images/Markets/Currencies/Digital%20Currencies/Ethereum/Ethereum_1_XtraSmall.jpg)
Ethereum is down 1% on Wednesday as issuers began filing their final spot ETH ETF S-1 drafts with the SEC in anticipation of a launch on July 23. Meanwhile, SEC commissioner Hester Peirce also said the regulator may reconsider its position on ETH staking within the ETFs.
ECB preview: Incoming data since June unlikely to shift the policy view
![ECB preview: Incoming data since June unlikely to shift the policy view](https://editorial.fxstreet.com/images/Macroeconomics/MonetaryPolicy/ECB/ecb-european-central-bank-frankfurt-germany-60193132_XtraSmall.jpg)
Since the last ECB meeting five weeks ago in June, only a limited amount of new economic data has become available, and this data is unlikely to have significantly changed the ECB's perspective on the economy and consequently its policy stance.
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