Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday
* Only if Margin Level > 100%
The spreads provided are a reflection of the time-weighted average from 09:00AM - 21:00 PM (GMT) for the period of 01/8/2019 – 25/8/2019. Though TNXTrade attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal forex trading conditions. TNXTrade has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The AUD/SGD currency combination performance depends on the volatile correlation between two of the world’s major economies: Australia and Singapore. The financial fortunes can vary dramatically due to the divergent factors that influence these very different nations. This volatility makes the AUD/SGD pair relatively high risk, turning it into an ideal addition to the brave investor’s portfolio.
The Australian dollar is a commodity currency, connecting with the prices of such natural resources as coal, copper, gold, natural gas, uranium, and renewable energy sources dominate the export structure of this country.
The Singapore dollar is the currency of the one of most prosperous countries. Singapore has a highly developed market economy, characterized by stable prices and an open-minded business environment, free from corruption. So, keep this facts in mind, preparing your daily forecasts.
If you are interested in trading the AUD/SGD currency pair, contact TNXTrade today and open trading account in several minutes.
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