BT Money Hacks: Are currencies the way to hedge against inflation? (Ep 122)

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

Although foreign exchange trading carries a high level of risk that may not be suitable for all investors, currencies appear to be investors’ avenue to hedge against inflation in current markets. But what are the pitfalls and risks?

For more insights, correspondent Howie Lim speaks to Ashli Koe and Raphael Ng, fund managers, Salzworth Asset Management.

Highlights:

02:15 Misconceptions about FX trading

04:13 Tips for newbie forex traders

09:30 Past performance doesn’t guarantee future returns

11:29 Tips for experienced forex traders

Produced by: Howie Lim (howielim@sph.com.sg) and Claressa Monteiro

Edited by: Howie Lim

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