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AUSTRALIAN DOLLAR /SINGAPORE DOLLAR Trading
From 2009 to 2013, AUD was much stronger than SGD and traded around a range of $1.20 to $1.30. On another occasion between 2015-2016, it reached the parity level last seen during the GFC. Since then, it has rebounded about 10% in 2016 and 2017. Now in 2018, it is almost par again.
History of AUSTRALIAN DOLLAR /SINGAPORE DOLLAR
The Australian Dollar (AUD) is the currency unit used in the Commonwealth of Australia. The Australian Dollar symbol is $. Commonwealth of Australia states include Cocos Islands, Norfolk Island, Pacific Island states, Christmas Island, and Australia. The Dollar is rated by the World Foreign Exchange market as the fifth most-traded currency in the world. The Australian Dollar is also known as the "Aussie".
The Singapore dollar (also called Sing) is used by one of the world’s most prosperous countries. Singapore has a highly developed free-market economy characterised by stable prices and an open environment free of corruption. The economy is driven by exports, particularly in consumer electronics, IT products, pharmaceuticals and other chemicals.
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10,000여 금융상품 거래 가능 자동으로 포지션 개시 및 종료 뉴스 및 경제 캘린더 보조지표 및 차트 기타 여러 도구 포함
고객님께서 이메일을 제공해주신다는 것은 FP Markets 개인 정보 정책에 동의함과 동시에 마케팅자료를 받아 보신다는 것을 의미합니다. 언제든지 구독취소가 가능합니다.
Source - database | Page ID - 3263
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AUD/SGD Trading FAQs
When Is the Best Time to Trade AUD/SGD?
When Is the Best Time to Trade AUD/SGD?
The best time to trade AUD/SGD is from 1300 to 1700 GMT. This is the time when both London Market and New York Market are open and trading transactions from both markets means AUD/SGD spreads are normally tightest during this time because there is a lot of market liquidity for online Currency trading transactions.
Why Is the AUD/SGD Currency Pair Significant to Traders?
Why Is the AUD/SGD Currency
Pair Significant to Traders?
As for the currency pair itself, it has all the qualities a day trader looks for. It is highly volatile although not the most volatile pair there is, which may expect the relatively low popularity of AUD/SGD.
Where Can I Find a Trusted Forex Broker to Trade AUD/SGD?
Where Can I Find a Trusted
Forex Broker to Trade AUD/SGD?
As you may already know, trading via CFDs (contracts for difference) is one of the most popular approaches when dealing with currencies such as AUD/SGD. While there are numerous Forex brokers out there. Try to find one that suits your needs. Such as FP Markets, a fully-regulated broker that offers all types of platforms and accounts, to suit every need.