Important AUDUSD news, actionable trading ideas, and a live Australian Dollar map (AUDUSD) are all available in this section to help you better understand the Forex markets.
What is AUDUSD currency pair?
The ticker symbol in FX markets for how many US dollars you can buy with one Australian dollar is AUDUSD, also known as Aussie among forex traders. Changes in both economies influence the price of the pair, as do changes in monetary policy from the Reserve Bank of Australia and the Federal Reserve (FED). The Australian dollar is one of the most liquid forex pairs on the market, and its movements have an effect on many businesses around the world. Since Asia accounts for more than three-quarters of Australia’s exports, the Aussie is frequently used as a proxy bet on Asia, especially China.
