AUD/USD Spread Betting
Indicative AUD/USD prices:
Click on the tabs for key stock market indices, forex and equities markets.
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Above, indicative prices from Financial Spreads: 2,500+ live prices available to Spread Betting and CFD clients.
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Where Can I Spread Bet on AUD/USD? |
Currently, investors are able to take a position on AUD/USD with a number of spread betting companies:
AUD/USD Market Analysis and Trading News
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| 19-Jun-13 |
[4:00am] The GBP is trading slightly lower against the USD at $1.5626, marginally lower against the EUR at €1.1670 and 0.4% down against the JPY at ¥148.90. The declines come as investors await the release of the Bank of England's meeting minutes to get further direction.
The EUR is trading marginally lower against the USD at $1.3390 and 0.4% down against the JPY at ¥127.61, ahead of the release of Eurozone construction output data, slated to be released later today.
The AUD is trading lower against all its major counterparts, as investors await a news conference by Fed Chairman Ben Bernanke that could provide clues on when policy makers would begin scaling back quantitative easing.
Meanwhile, the Conference Board reported that the leading Index in Australia rose 0.3% in April, following a 0.1% increase in the previous month.
The NZD is trading lower against the USD. However, losses were capped, after data indicated a narrowing in the New Zealand's current-account deficit and the first gain in whole milk powder prices in two months.
Yesterday, the USD advanced against the JPY, amid market speculation that the US Fed might not temper bond purchases anytime soon, as the US Federal Open Market Committee begun a two-day meeting to decide on monetary policy.
The EUR rose against the USD, after data showed that the ZEW Institute's economic sentiment indicator in Germany rose 2.1 points to 38.5 in June.
Update by Ishaq Siddiqi, Market Analyst, 
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| 19-Jun-13 |
[4:00am] AUD/USD is trading $0.0011 (0.12%) higher at $0.9476.
Update by
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» More forex trading views and analysis.
This content is for information purposes only and is not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.
Unless stated otherwise, the above time is based on when we receive the data (London time). All reasonable efforts have been made to present accurate information. The above is not meant to form an exhaustive guide. Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
Where Can I Find Live Spread Betting Prices and Charts for AUD/USD? |
We feature some pretty accurate daily spread betting AUD/USD prices - see above.
The CFD trading chart below also provides you with a nice look at the AUD/USD FX pair.
The Plus 500 chart above is normally based on the AUD/USD futures market (not the daily market).
If you want to look at financial spread betting charts and prices for AUD/USD, you will normally need a spread trading account.
A spreads account also lets you access the shorter term spot markets. Users should note that opening such an account is normally dependent on credit and status checks.
Should your new account be accepted then you can log on and look at the live charts and the current pricing. These are normally provided for free. So what's the catch? You could receive an occasional call and/or letter from your online spread betting firm.
If you decide to trade then, before starting, remember that contracts for difference and spread trading do involve a high level of risk to your funds and losses could exceed your initial investment.
Professional Level Charts for AUD/USD |
Despite the fact that the specific charting packages normally vary from platform to platform, to help you with your trading decisions, the charts generally have useful features that include:
- A wide range of time periods such as 2 minutes, 1 hour, 1 day and so on
- Various display options such as line charts and candle charts
- Drawing options and features such as Fibonacci time zones, fans and arcs
- Technical indicators and overlays such as Bollinger Bands, Momentum, True Strength Index and so on
Charts on Tradefair also have more advanced aspects, including:
- BackTesting, Analysis and Optimisation functions
- Automated email alerts for when your chosen market hits a pre-determined level
Sample FinancialSpreads.com forex candle chart
The firms listed below provide their account holders with access to live trading prices and charts for a range of major and minor forex markets:
Advert:
AUD/USD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on AUD/USD with
Financial Spreads.
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Where Can I Spread Bet on AUD/USD for Free? |
Investing in the forex markets always involves risk, however, if you'd like to try a Demo Account (free), that allows you to make use of professional level charts and try spread betting, please see below for further details.
When thinking about which forex option is right for you, don't forget that spread betting in the UK is tax free*, i.e. it is exempt from stamp duty, capital gains tax and income tax.
If you want a free spread betting site, keep in mind that you can trade AUD/USD without paying any commissions or brokers' fees via companies like:
If you're interested in a (free) Demo Account / Practice Account that allows you to get a feel for forex spread betting, and trading markets like AUD/USD, then have a closer look at:
Each of the firms listed above provide a free Practice Account which lets users try out new theories, access charts and practice with trading orders, like guaranteed stop losses and trailing stop losses.
How to Spread Bet on AUD/USD? |
As with a wide range of markets, it is possible to spread bet on currency pairs, such as AUD/USD, to either rise or fall.
If we log in to Financial Spreads, we can see they are currently offering the AUD/USD Rolling Daily market at $1.04389 - $1.04399. Therefore, an investor can spread bet on the AUD/USD rate:
 Moving higher than $1.04399, or
 Moving lower than $1.04389
When spread betting on AUD/USD you trade in £x per point where a point is $0.00010 of the pairs movement. Therefore, if you decide to risk £7 per point and AUD/USD moves 32.0 points then that would make a difference to your bottom line of £224. £7 per point x $0.00320 = £7 per point x 32.0 points = £224.
Rolling Daily FX Markets
It is important to note that this is a Rolling Daily Market and so there is no set settlement date for this market. You do not have to close your trade, should it still be open at the end of the trading day, it just rolls over into the next day.
If you do roll over an FX trade then you usually pay a small overnight financing fee. For more information see Rolling Daily Spread Betting.
AUD/USD Rolling Daily - Forex Spread Betting Example |
If you think about the spread of $1.04389 - $1.04399 and make the assumptions that:
- you have done your market analysis, and
- it leads you to think that the AUD/USD market will rise above $1.04399
then you may choose to buy a spread bet at $1.04399 and invest £3 per point.
With such a bet you make a profit of £3 for every point ($0.00010) that the AUD/USD forex pair rises higher than $1.04399. Nevertheless, it also means that you will lose £3 for every point that the AUD/USD market moves lower than $1.04399.
Looking at this from another angle, if you buy a spread bet then your profit/loss is found by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that price difference by your stake.
As a result, if after a few trading sessions the FX pair rose then you might consider closing your trade so that you can lock in your profit.
If that happened then the spread, set by the spread trading firm, might move up to $1.04764 - $1.04774. In order to close your spread bet you would sell at $1.04764. So, with the same £3 stake this trade would result in a profit of:
Profits (or losses) = (Closing Price - Initial Price) x stake
Profits (or losses) = ($1.04764 - $1.04399) x £3 per point stake
Profits (or losses) = $0.00365 x £3 per point stake
Profits (or losses) = 36.5 points x £3 per point stake
Profits (or losses) = £109.50 profit
Trading forex, whether by spread betting or not, can go against you. In the above example, you wanted the FX pair to rise. Naturally, the FX rate could go down.
If the AUD/USD rate dropped then you could close your spread bet to stop any further losses.
If the spread fell to $1.03981 - $1.03991 you would sell back your position at $1.03981. As a result, your loss would be:
Profits (or losses) = (Closing Price - Initial Price) x stake
Profits (or losses) = ($1.03981 - $1.04399) x £3 per point stake
Profits (or losses) = -$0.00418 x £3 per point stake
Profits (or losses) = -41.8 points x £3 per point stake
Profits (or losses) = -£125.40 loss
Note: AUD/USD Rolling Daily market taken as of 11-Sep-12.
Advert:
AUD/USD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on AUD/USD with
Financial Spreads.
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Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'AUD/USD Spread Betting' by DB, updated 19-Jun-13
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AUD/USD Spread Betting, updated 19-Jun-13
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