AUDUSD finished yesterday’s trading almost unchanged as the euphoria following the US-China phase one deal faded. The currency pair met...
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.
After AUDUSD rallied on the wake of the UK general election polls, it was all downhill for the currency pair...
AUDUSD trades 0.07% higher at 0.6881 making fresh monthly highs after the pair got a boost yesterday from dovish comments...
AUDUSD trades 0.13% lower at 0.6814 despite stronger Business Conditions data. The Australia Bank’s Business Conditions came in at 4...
The Australian dollar trades higher against the US Dollar adding 0.20% at 0.6846 close to three-week highs supported by positive...
The Nikkei 225 was slightly higher in today’s trading by 54.3 points or 0.23% at 23,354.4. Meanwhile, the Hang Seng...
The Australian dollar finished yesterday’s trading flat. AUDUSD initially sold off following worse-than-expected GDP numbers from Australia. However, positive data...
The Australian dollar is paring some of its gains from yesterday on the wake of its disappointing GDP report today....
The Australia GDP report for the 3rd quarter of 2019 is scheduled for release at 12.30am GMT on Wednesday morning....
Asian indices were under selling pressure today after President Trump announced the return of tariffs to steel imports from Brazil...