Thinking of trading AUD/JPY?
- 1. Because the regions have overlapping time zones, any speculation that the interest rate in either country will be changed will lead to a disproportionate effect on both currencies. This is a perfect opportunity for fundamental traders to make the most of one country's interest rate news affecting the price of the counterparty currency minutes after it happens. 2. The difference in Interest rates tends to be the greatest among any other currency pair. In January 2019 Australia's interest rate was 3. 25%, whereas Japan had 0.10%. Hence, it can be said that the currency has a strong long (upward) bias.
Trading CFDs involves significant risk of loss
How would you like to trade AUD/JPY?
- 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
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/JPY 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. Traders should keep an eye out to the particularly high volatility of the AUD. While the majority of developed economies tend to trade in tandem due to the trade links between them, Australian economy is somewhat different. Most of the manufacturing exports go to Asia and this means that the health of the country's economy is strongly related to commodity prices. That creates a lot of volatility in the currency that will affect the pair, and it should be traded carefully. 2. Something particularly special about trading any pair tied to the JPY is the fragility of their currency price to natural disasters, oil prices and manufacturing demand.
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'