BT Money Hacks: How to start investing in forex (Ep 169)
How do you manage risk when trading with leverage? How do interest rates affect currency value? We answer all your questions to get you started on forex investing.
Ready to dive into the exhilarating world of forex, but not sure where to start? In this episode, Lee Kim Siang speaks to Charu Chanana, head of FX strategy at Saxo to answer all your questions, from understanding currency pairs to managing risk effectively.
Synopsis: Every first, third and fifth Monday of the month, The Business Times breaks down useful financial tips.
Highlights of the conversation:
02:40 Pros and cons of forex vs equities
04:17 Understanding leverage in forex trading
06:51 Forex trading strategies for beginners
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
10:57 Major currency pairs outlook
15:05 Impact of interest rates on currency value
17:10 Common forex trading mistakes
---
Now, we want to hear from you! Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg. We’ll look into it for future episodes.
---
Hosted by: Lee Kim Siang (kimsiang@sph.com.sg)
With Charu Chanana, head of FX strategy, Saxo
Edited by: Emily Liu & Claressa Monteiro
Produced by: Emily Liu
Engineered by: Joann Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
---
Follow BT Money Hacks podcasts every first, third and fifth Monday of the month:
Channel: bt.sg/btmoneyhacks
Amazon: bt.sg/mham
Apple Podcasts: bt.sg/oeXe
Spotify: bt.sg/oeGN
YouTube Music: bt.sg/mhyt
Google podcasts: bt.sg/oeGP
Website: bt.sg/moneyhacks
Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.
---
Discover more BT podcast series:
BT Mark To Market Podcast at: bt.sg/btmark2mkt
WealthBT at: bt.sg/btwealthbt
PropertyBT at: bt.sg/btpropertybt
BT Market Focus at: bt.sg/btmktfocus
BT Podcasts at: bt.sg/pcOM
BT Branded Podcasts at: bt.sg/brpod
BT Lens On: bt.sg/btlenson
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
ABOUT THE PODCAST
Money Hacks is a crisp, weekly podcast hosted by Howie Lim. Every Monday, it unpacks personal finance strategies and investing insights through conversations with expert guests. Whether it’s navigating employee perks, finding resilient sectors, or exploring value-based investing, listeners get actionable financial wisdom without the waffle.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
PayPal plans job cuts as its new CEO pursues turnaround strategy
