AUDUSD trades 0.14% lower at 0.68 snapping three consecutive trading sessions with gains; Yesterday, the pair pierced above the 100-day...
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.
AUDUSD is up on the day as it currently trades above the 200 DMA, ahead of the key CPI figures...
AUDUSD has been consolidating for the past few days after the pair broke important short-term support around the $0.6830 mark....
AUDUSD trades 0.08% lower at 0.6861 snapping four trading sessions with gains; Yesterday, the pair breached above the 100-day moving...
AUDUSD trades 0.32% higher for the fourth consecutive trading session at 0.6878, breaking above the 100-day moving average getting a...
AUDUSD trades 0.07% higher for the third consecutive trading session at 0.6829, as the pair made yesterday a convincing break...
AUDUSD trades 0.28% lower for third consecutive trading session at 0.6733, as the pair failed to break above the descending...
The CFTC Positioning Report, also known as the Commitment of Traders (COT) report for the week ended October 4 reports...
AUDUSD trades 0.58% higher at 0.6763, snapping three consecutive days of losses rebounding from daily lows at 0.6709. Improved sentiment...
AUDUSD trades 0.30% higher at 0.6752, recovering yesterday’s lows after three consecutive positive days rebounding from 10-year lows. On the...