AUDUSD trades 0.15% higher at 0.6757 as US – China trade war escalates after President Trump announced extra tariffs to...
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 trades 0.01% higher at 0.6757 as investors await RBA’s governor Philip Lowe speecj in Jackson Hole. The release of...
Traders around world will closely watch the central bankers speeches in Jackson Hole with Fed chair Powell’s speech due at 1400 GMT....
AUDUSD trades 0.28% higher at 0.6782 after the release of RBA’s August meeting minutes that didn’t provide any fresh clues...
AUDUSD trades 0.13% higher at 0.6783. Investors closely watch the RBA and a speech by Governor Lowe later this week,...
AUDUSD trades 0.22% higher at 0.6787. Investors closely watch the RBA as it kept its official cash rate on hold...
AUDUSD trades 0.29% lower at 0.6776 after the Westpac Consumer Confidence climbed from previous -4.1% to 3.6% in August. China...
AUDUSD trades 0.17% higher at 0.6760 helped by better Business Confidence, which came in at 4 above expectations of 3...
As we approach mid-day in London, some clear trends are emerging, and they point towards risk-off and flight to safety....
AUDUSD trades 0.10% higher at 0.6810 helped by better China Consumer Price Index (Year over Year) which came in at...