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RISK WARNING:

Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ 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 of these markets 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 these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

Australian Dollar vs Canadian Dollar •AUDCAD•

About

AUDCAD

AUDCAD is the abbreviation for the Australian dollar and Canadian dollar currency pair. It is a relatively stable pair although it is not as commonly traded as the major pairs. Both currencies are regarded as commodity currencies as they are heavily dependent on commodity exports, therefore sensitive to broader commodity price trends. Traders should, therefore, watch out for the commodity indices that correspond to each of these countries. Another key element to consider in this pair is the strength of the USD and the euro as a strong USD will bring both currencies off their highs. As the economic situation in China has a strong influence on the AUDUSD pair, traders should also have an idea of how the Chinese economy is doing.

Trade Forex, Commodities, Precious Metals, Energies and Equity Indices from 1 Account.

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