Synopsis
AUDUSD is one of the most commonly traded currency pairs in the Forex market. The base currency is Australian dollars and the denomination currency is U.S Dollars, indicating how many dollars are needed to buy 1 Euro. The Forex market and the interbank market, was established in 1971 when international trade shifted from a fixed exchange rate to a floating exchange rate. Thereafter, the exchange rate of one currency relative to another is often expressed in an explicit way to express a mutually agreed upon exchange relationship. The Australian dollar is the fifth largest currency in the world, accounting for 7% of the world's foreign currency. Commodities markets that have thrived for decades have pushed the Australian dollar to record highs at one point. Traders are also often drawn to the spread between the Australian dollar and the U.S. dollar, which has become one of their favorites in recent years. The monetary policies of major countries in the world, international balance of pay
Trading Terms
- Contract Size 100000
- Swap Long(Daily) % -0.00672%
- Leverage 100X
- Swap Short (Daily)% -0.00614%
- Minimum Lot Size 0.01
- Spreads 0.00020
- Maximum Lot Size 20.00
- Triple Swap Wednesday
- Maximum Position 100.00
- Trading Session
Real-time Trading Strategies
Economic Calendar
GMT+8
Currency
Crucial
Events
Previous Value
Forecast
Actual
Crucial
17:00

Baker Hughes US Oil Rig Count
481
-
480
A: 481
F: -
P: 480
17:00

Baker Hughes US Total Rig Count
585
-
583
A: 585
F: -
P: 583
17:00

5-Year TIPS Auction
-
-
2.121%
A: -
F: -
P: 2.121%
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