AUDUSD consolidates to three week lows after the correction from 2-month highs as the commentary from the recent RBA meeting...
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 continues the corrrrection started three days ago from 6-week highs; today’s jobs data disappointed traders as the Australia Unemployment...
As the Australian Employment data looms, the Aussie Dollar has lost ground on the day a result of dovish minutes...
AUDUSD continues lower for the third day correcting from 2-month highs after disappointment from Westpac Leading Index (month over month)...
AUDUSD trades lower after the RBA minutes correcting from 2-month highs as the commentary from the recent RBA meeting kept...
AUDUSD managed to recover earlier losses today after the escalation in Midle East and the spike in oil prices and...
AUDUSD trades higher for ninth consecutive session adding 0.08% at 0.6870 close to 2-month highs on improved sentiment after positive...
AUDUSD continues higher adding 0.30% at 0.6882 close to 2-month highs after President Trump announced a 2-week delay in tariff...
AUDUSD makes fresh 2-month highs, adding 0.13% higher today at 0.6869 after Australia’s Westpac-Melbourne Institute Index of Consumer Sentiment came...
AUDUSD consolidates around 2-month highs, giving up 0.05% lower today at 0.6858 after National Australia Bank’s Business Confidence came in...