The end of the month is finally here, and risk has a tough time, as pointed by the sharp selloff...
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.
The AUD/USD pair is one of the exchange rates that outperformed the most this year. It sits at the year’s...
The AUD/USD rose today as investors reacted to the latest Australian retail sales numbers. The AUDUSD is trading at 0.7772,...
A slight pullback on the AUD/USD precedes this month’s employment data. This was caused by USD strength, driven by rising...
The AUD/USD pair is back at the highs as the stock market in the United States continues to hovers around...
The AUD/USD is in a tight range today after the Reserve Bank of Australia (RBA) delivered its interest rate decision....
The AUD/USD pair broker lower after yesterday’s FOMC Statement and press conference that followed. The Aussie dollar continues to trade...
The AUD/USD pair continues to hover around the highs. At this point, 0.78 is key to further advance, as the...
The AUD/USD is holding steady after the relatively strong economic data from Australia. The AUDUSD is trading at 0.7773, which...
The AUD/USD has declined for the second straight day after the data dump from China. The AUDUSD is trading at...