Australian Dollar/U.S. Dollar (AUD/USD) Futures Futures
The Aussie is more than a great accent; it’s a currency futures contract that is extremely flexible for traders looking for opportunity in different ways. The Australian dollar/US dollar (AUD/USD) futures contract enables traders to gain exposure to one of the world’s great natural resources, or commodity currencies. Traders looking for exposure or correlations to the gold, coal, minerals or mining markets, may find it in the Australian dollar futures.
And given the amount of raw exports it sends to China, the Aussie dollar is often traded as a proxy to the Chinese renminbi. These factors have contributed to the AUD/USD futures contract becoming one of the fastest growing currency futures contracts.
The AUD/USD futures contract is priced at 100,000 Australian dollars and the E-micro AUD/USD futures is priced at 10,000 Australian dollars.