Negative tone prevails for the AUDUSD pair during US session. The Aussie had capitalized USD weakness the last three trading...
AUDUSD
In this section, you will find important AUDUSD news, actionable trading ideas, and a live Australian Dollar chart (AUDUSD) to help you understand the Forex markets better.
AUDUSD is also known as Aussie between forex traders, is the ticker symbol in FX markets that represents how many US dollars you can buy with one Australian dollar. The price of the pair is affected by changes in both economies and could be affected by changes in monetary policy from the Reserve Bank of Australia and the Federal Reserve (FED). The Australian dollar was floated in 1983, and its value closely tracks commodity prices and the Australian Terms of trade. The Australian Dollar’s strong link with commodity prices is because Australia is one of the worlds biggest exporter of commodities such as liquefied natural gas, coal, iron ore, aluminum ores, wheat, and beef.
The Aussie is one of the most liquid traded forex pairs in the global markets, and its fluctuations affect many companies around the world. More than three-quarters of Australia’s exports are to Asia, and Aussie is therefore often used as a proxy bet on Asia, and in particular China. If Asian currencies (Yen, Hong Kong Dollar, Baht etc.) are under downward pressure, in general so is the AUDUSD.
Negative tone prevails for the AUDUSD pair during the forex trading session. Aussie fundamental data continue to disappoint investors. The...
Aussie started the week weak giving up 0.47 percent to 0.6967, despite better than expected data from China’s exports. The...
Aussie trading at daily low during the European trading at 0.6950, as President Donald Trump threatened to impose another round...
The Aussie dollar trades lower for one more day during the Asian trading at 0.6911, after the Australian jobless rate...
The Aussie dollar trades flat during the Asian trading session at 0.6872, ahead of Wednesday’s FOMC policy update. USD got...
The Aussie dollar trades flat during the Asian trading session at 0.6872, ahead of the FOMC policy update. Australian economy...
The Aussie dollar started the week higher at 0.6956 registering gains for fifth straight session amid USD weakness. AUDUSD hit...
USD is gaining momentum during the Asian session after comments from FED members yesterday that calm forex markets after the...
The Aussie continues higher at 0.6995 registering gains for sixth straight session amid broad USD weakness. AUDUSD hit the low...