The AUD/USD pair bounced from the lows after the Non-Farm Payrolls report in the United States revealed that the economy...
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.
The NFP report for the month of June is due tomorrow and the US dollar is up across the board....
AUD/USD is trading along 0.7750 after better-than-expected Australian GDP data. According to the Australian Bureau of Statistics, GDP grew by...
AUD/USD is trading higher after mixed Australian job numbers. In Tuesday’s RBA meeting minutes, the Australian central bank noted that...
AUD/USD is trading lower as the market reacts to Chinese industrial and retail numbers. Early on Monday, data by the...
Inflation surprised to the upside, and the AUD/USD pair was just one of the USD pairs that reacted promptly. This...
I would like to bring to everyone’s attention the monthly timeframe on the AUD/USD pair. While this is the largest...
The AUDUSD pair spiked sharply lower overnight as China announced plans to “Indefinitely” suspend economic dialogue with Australia. The news...
AUD/USD price movements highlight the prevalent sentiment ahead of the RBA interest rate decision. The Australian economy has been recovering...
The AUD/USD pair moved in a relatively tight range so far in the trading year. It found strong support around...