Chart the AUD/USD
IG Markets not only offers a huge range of Share CFDs, you can also trade an extensive selection of forex pairs. Combined with our professional charting package, you have all the tools of the trade to help you take profitable positions.
The US dollar is in the doldrums while the Aussie dollar rides high. Strong demand for commodities and investors hunting higher-yielding currencies has seen the AUD/USD consolidate above the US$0.90 level.
The sub-prime mortgage crisis has created a backdrop for claims that even supermodels are refusing contracts in US dollars! Are the days of the US dollar as a world leader numbered? Will the Aussie dollar continue to ride the commodities boom?
Competitive spreads and expert support
Track your forex portfolio in real-time with full user control. By opening an account with us, you gain free access to our market-leading chart software – a standalone package that delivers super-fast intraday (and historical) charting on every market we offer as well as a comprehensive range of indicators. With our technology, you can gauge the right time to take a view on AUD/USD, or any of our other forex pairs.
We also give you tight, commission-free spreads: from just 2 pips for AUD/USD and EUR/USD. The standard margin is only 2%, and you can trade on a huge range of exotic pairs and mini-forex contracts.
Worried about volatility? If you think the US dollar is likely to fall further but have concerns it could enjoy a spike, take advantage of our Guaranteed Stops that allow you to limit your maximum possible loss in advance. Please see our Risk Management page for more information.
Check out our full list of forex spreads, or for a full rundown of contract details, please see our Forex Specs.
The above comments do not constitute investment advice and IG Index accepts no responsibility for any use that may be made of them.
Updated: 14 April 2008