AUD/USD
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AUD/USD
AUD/USD is a currency pair that is based on the value of the Australian dollar against the United States dollar, nicknamed ‘The Aussie’. The price of AUD/USD reflects how many USD (the quote currency) are needed to buy one AUD (the base currency). This forex pair represents two of the world’s most developed economies and is one of the most popularly traded pairs on a daily basis. As a ‘major cross’ it has one of our lowest margin rates for forex on our platform. The price of AUD/USD can be affected by high interest rates in Australia, and it often rises and falls along with the price of gold. Analyse our AUD/USD live chart and start trading CFDs on its price movements.
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FAQs
A contract for difference (CFD) is a derivative product which enables you to trade on the price movements of underlying financial assets (such as forex, indices, commodities, shares and treasuries). It's an agreement to exchange the difference in the value of an asset from the time the contract is opened until the time it's closed.
With a CFD, you never actually own the asset or instrument you're trading, but you can still benefit if the market moves in your favour, or make a loss should the market move against you.
Trading CFDs involves trading on leverage, which means that you can enter a position with a set initial deposit, known as the margin requirement. It's important to remember that leverage amplifies your gains and losses in equal measure, based on the full value of the trade, and not just the initial margin amount. Learn more about CFD trading