The 'Aussie' — a major commodity-linked pair. Trade the Australian dollar against the US dollar with tight spreads.
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AUD/USD, known as the 'Aussie', is a major pair closely tied to commodity prices and to China's economy, Australia's biggest trading partner. It tends to track risk sentiment and the global growth outlook.
At Otto you trade AUD/USD as a CFD, going long or short with leverage up to 1:500.
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Australia is a major commodity exporter, so the Aussie often moves with commodity prices and the global growth outlook.
China is Australia's largest trading partner, so Chinese demand and economic data strongly influence the Aussie.
Up to 1:500 on this major pair.
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