Fear of Missing Out (FOMO) can cloud your judgment and lead to hasty decisions in trading. Stay disciplined, stick to your strategy, and remember: patience pays off.
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
EUR/USD retakes 1.0700 as US Dollar upside stalls
![EUR/USD retakes 1.0700 as US Dollar upside stalls](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/EURUSD/MoneyEURUSD_3_XtraSmall.jpg)
EUR/USD is trading back above 1.0700, recovering ground in the European session on Monday. European political uncertainty continues to undermine the Euro and cap the pair's upside while the US Dollar consolidates recent gains amid a tepid market mood.
GBP/USD remains pressured below 1.2700 amid cautious mood
![GBP/USD remains pressured below 1.2700 amid cautious mood](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/GBPUSD/iStock-472155766_XtraSmall.jpg)
GBP/USD is holding losses below 1.2700 in the European trading hours on Monday. The hawkish Fed expectations and a softer risk tone keep the US Dollar afloat, exerting downward pressure on the pair. Fedspeak remains next in focus.
Gold price attracts some sellers on hawkish Fed-inspired USD strength
![Gold price attracts some sellers on hawkish Fed-inspired USD strength](https://editorial.fxstreet.com/images/Markets/Commodities/Metals/Gold/safe-investment-gm147311616-17537479_XtraSmall.jpg)
Gold price (XAU/USD) meets with a fresh supply during the early European trading hours and erodes a part of Friday's positive move in the wake of the Federal Reserve's (Fed) hawkish surprise.
XRP stuck below $0.50 as Ripple CLO says SEC has abandoned demand for $2 billion fine
![XRP stuck below $0.50 as Ripple CLO says SEC has abandoned demand for $2 billion fine](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/Coins/Ripple/ripple_XtraSmall.jpg)
XRP struggles to make a comeback above sticky resistance at $0.50 on Monday as traders continue to assess the legal skirmishes between blockchain firm Ripple and the US Securities and Exchange Commission (SEC).
Weekend digest and a quiet start to the week
![Weekend digest and a quiet start to the week](https://editorial.fxstreet.com/images/TechnicalAnalysis/ChartPatterns/Chartism/financial-graph-19311174_XtraSmall.jpg)
It will be a quiet start to the week on the data front. From Sweden, we get the Riksbank's Business Survey. Overnight, the RBA is widely expected to leave monetary policy unchanged.
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