The AUD/USD has recovered from earlier session lows and now trades 0.16% higher. This follows Tuesday’s steep drop by 1.46%...
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 AUD/USD pair broker lower after yesterday’s FOMC Statement and press conference that followed. The Aussie dollar continues to trade...
The AUD/USD is trading lower this Tuesday after touching off 4-week highs at 0.69831 ahead of the July inflation data....
The AUD/USD has staged a recovery on the day, gaining 0.35% as the greenback’s progress against major currencies stalls in...
The Australian dollar crash continued on Tuesday morning after the latest consumer and business confidence data. The AUD/USD pair crashed...
The AUD/USD price retreated to the lowest level since August 10th after the latest RBA minutes. The AUD to USD...
The AUD/USD has declined for the second straight day after the data dump from China. The AUDUSD is trading at...
AUD/USD is rebounding after closing lower on Wednesday. However, it remains below the 3-year high it hit in late February...
The AUD/USD rose today as investors reacted to the latest Australian retail sales numbers. The AUDUSD is trading at 0.7772,...
The AUD/USD price dropped to a key support level after the hawkish decision by the RBA and as commodity prices...