AUDUSD trades 0.21% lower at 0.6753, after three consecutive positive days rebounding from 10-year lows. On the data front, the...
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.
With virtually no domestic economic indicators for the week, the AUDUSD will look to the US-China trade talks for direction...
AUDUSD trades 0.19% higher at 0.6756, continuing for third day the rebound from 10-year lows getting a hand from disappointing...
AUDUSD trades 0.34% lower at 0.6681, making fresh 10-year lows as the pair cancels the short-lived rebound after yesterday’s worse-than-expected...
AUDUSD trades 0.70% lower at 0.6702, making fresh monthly lows after RBA cut interest rates by 25 basis points to...
The AUDUSD is expected to see a lot of activity from various economic indicators, but chiefly from the Reserve Bank...
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AUDUSD trades slightly lower today as the pair continues the consolidation phase to three-week lows after the correction from 2-month...
AUDUSD continues the consolidation phase to three-week lows after the correction from 2-month highs despite the positive news from the...
The AUDUSD recorded modest gains above the 0.6800 level on the cautiously optimistic remarks of Reserve Bank of Australia (RBA)...