Trade AUD/USD with Fondex
Thinking of trading AUD/USD?
- 1. With the help of the correlations mentioned above, and the clear events to follow when it comes to this pair, its price movements give a perfect opportunity to take advantage of its daily volatility. The best hours to trade this pair are between 19:00 and 04:30 GMT. 2. Both currencies are comfortably liquid, the Australian dollar is one of the most actively-traded denominations in the entire world. Nevertheless, you should never forget that they have very different monetary units issued in very contrasting economies. The relationship between them are complex and this should be taken into consideration.
Trading CFDs involves significant risk of loss