Thinking of trading AUD/SGD?
- 1. AUD to SGD exchange rates are influenced by a multitude of factors. It's best to just remember that, ultimately, exchange rates sum up the supply and demand of a currency in an easy to understand metric. 2. If history is anything to go by, if you exchanged 2000$, you would have taken almost $550SGD more than if you exchanged today in April 2019. 3. The Australian economy is heavily dependent on the trade in and out with China. One third of their exports go to China, so whenever the Chinese economy shows fragility, the AUD may fall in relation to other pairs, including the Canadian dollar. Subsequently, a strong Chinese economy will support the AUD.
Trading CFDs involves significant risk of loss
How would you like to trade AUD/SGD?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade AUD/SGD with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. Interest Rates, the falling cash rate has decreased the AUD's value as foreign investors withdraw their funds and chase higher returns in other countries. 2. Commodity Prices, falling commodity prices have negatively impacted the AUD as demand for Australian Dollars to buy our commodities falls.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'