The AUD/CAD currency pair consists of two main currencies: the Australian Dollar(AUD) and the Canadian Dollar(CAD). It is a popular trading product because it offers traders greater stability than other developing market currency pairs. Australia is ranked 50th in the world by population and 14th in terms of GDP. The Australian dollar is one of the five most traded currencies in the world, therefo
PSFX Global Financial Services LLC of UAE is regulated by the Securities and Commodities Authority of the UAE
Forex trading, also known as foreign exchange or FX trading, involves purchasing one currency and selling another at the same time to speculate on the movement of exchange rates. It is one of the most actively traded markets in the world.
Our flexible trading platforms, technical and fundamental analysis, and desktop and mobile terminals provide new tools and technology that enable our customers to trade in global financial markets quickly and efficiently.
Forex trading involves the purchase and sale of currencies, whereas stock market trading concentrates on particular company shares. Forex is open 24 hours a day, seven days a week, and has a higher liquidity level than stock markets.
You can track the AUD/CAD exchange rate through the PSFX website, our forex trading platform.
The AUD/CAD exchange rate is influenced by various factors, including Interest rate differentials, Economic data release from Australia and Canada, Commodity prices, and Overall market statements.