The AUDUSD relentless rise from the 2020 lows continues so far in the new year. Yesterday, the pair rose almost...
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 is down by more than 0.30% even after some strong economic data from Australia. The AUDUSD is trading...
The AUD/USD is down for the third consecutive day as traders react to the latest minutes of the Reserve Bank...
The AUDUSD started December on a high note after the impressive China PMI data and the hawkish RBA interest rate...
The AUDUSD is holding steady ahead of the Reserve Bank of Australia (RBA) interest rate decision. The pair is also...
AUDUSD is consolidating after strong gains on Tuesday ahead of tomorrow's Reserve Bank of Australia interest rate decision. The bank are unlikely to move again after last month's record cut to 0.1%.
The USD is trashed across the board, and the AUDUSD pair reflects it perfectly. The pair rose lately together with...
Moment of truth for the AUDUSD as both bulls and bears have a case.
How will the AUDUSD respond to the AU Employment report? Sign up to find out.
AUDUSD has paused at 0.7300 after a strong two-week rally and is looking for another push to the September 1st highs at 0.7400. Tomorrow sees the release of employment data from the Aussie economy and this could provide the spark.