Past Performance: Past Performance is not an indicator of future results.
The currency pairing of the euro (EUR) and Australian dollar (AUD) affords forex market participants several unique trading and investment opportunities. Global economic cycles, fluid monetary policy and variance in commodity pricing can create favourable intraday and long-term trading circumstances. Classified as a "cross currency pairing", also known as simply a "cross pair", EUR/AUD exists in isolation from the United States dollar (USD). In general, cross pairs enable currency traders to move from one international currency for another without first having to convert the base currency to US dollars. The streamlining of the exchange process reduces risk through eliminating potential pricing volatility related to the current valuation of the USD. In the case of EURAUD, euros are directly exchanged for Australian dollars without having to first convert euros to USDs.
When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging commissions at the open and close of a trade, and adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.
Leverage: Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.