AUDUSD trades 0.21% higher at 0.6770 breaking the 14 straight negative trading helped by better China trade data. AUDUSD was...
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 south for 14 straight trading sessions giving up 0.53 percent at 0.6724, after neighbor New Zealand’s central bank...
On Tuesday, the Reserve Bank of Australia decided to leave the interest rates unchanged at 1%, as the market had...
AUDUSD rebounds today after 12 straight trading sessions of losses adding 0.60 percent at 0.6795, as the Reserve Bank of...
This week sees the release of interest rate decisions in several countries, but those from the Reserve Banks of Australia...
AUDUSD continues south for 12 straight trading session, giving up 0.37 percent at 0.6772 at fresh 7 month lows, despite...
AUDUSD trades 0.24 percent higher at 0.6814 after the pair hit fresh 7 month lows at 0.6794, after better macro...
NZDUSD gives up 0.12 percent at 0.6553 at three week lows amid USD strength across the board. Yesterday the New...
AUDUSD hits 7 month low and trades 0.03 percent lower at 0.6842 after Australia Commonwealth Bank Manufacturing PMI came in...
AUDUSD trades 0.32 percent higher at 0.6892 after Australia Consumer Price Index (year over year) came in at 1.6% above...