AUDUSD trades 0.11 percent lower at 0.6892 making fresh monthly lows after Australia Building Permits (year over year) came in...
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 percent lower at 0.6906 making fresh 2-week lows after the previous week Governor Lowe of Reserve Bank...
AUDUSD trades 0.12 percent lower at 0.6965 making fresh 2 – week lows after the Reserve Bank of Australia Governor...
AUDUSD trades 0.37 percent lower at 0.6978 after Australian CBA – Markit Purchasing Managers’ Index for July showed that the...
AUDUSD trades 0.05 percent lower at 0.7034 after the weekly ANZ Roy Morgan Consumer Confidence rating increased by 0.3% to...
AUDUSD trades 0.05 percent lower at 0.7034 after Aussie economy wide spending stalled in June according to CBA Business Sales...
AUDUSD trades 0.38 percent higher at 0.7035 despite Aussie jobless rate remained steady at 5.2% as expected by analysts’ but...
AUDUSD continues to trade sideways and is having problems to establish a trend, but read this article to find out what levels could trigger a new trend. This is a freemium article. Become a member and you can read it along with other premium content. Join now.
AUDUSD trades 0.03 percent lower at 0.7001 after a number of Aussie fund management companies have exposure to financing projects...
The Aussie Dollar was boosted by strong Chinese industrial production data in early Asian trading. The AUDUSD held on to Friday’s...