AUD/USD live charts
If you're risking capital, don't make uninformed decisions. Check our AUD/USD live charts and put yourself fully in the picture. Available on desktop or mobile, our AUD/USD chart provides a wealth of information. You can adapt the chart to view the latest price movements and historic trends. It means you'll have everything you need at your fingertips to take your next position.
What is AUD/USD trading?
Australian Dollar/United States Dollar trading is the most
popular 'dollar-on-dollar' pair on the global forex market. In
recent years, the AUD/USD pair has attracted even more attention
as Australia experienced a boom in the export of commodities –
such as coal and gas. Now, with high volume and potential for
volatility, the AUD/USD currency pair is a favourite among
traders.
The Australian Dollar (AUD) is the base currency in this pair,
which means its value is tracked against the US Dollar (USD). In
addition to its strong correlation with global commodity prices,
AUD/USD forex rates are often exposed to wider economic
conditions. It is especially the case for the Australian economy
and its trading relationships with nations in the Asia-Pacific
region.
Key drivers of AUD/USD prices
Want to trade AUD/USD? Your first port of call for
insight should be the commodities markets. This is a
pair that shows strong correlation to markets that
involve some of Australia's leading exports – iron,
coal, gold, and metals. As commodity prices
increase, it tends to point towards economic growth
in Australia. And that will certainly have
implications for the AUD/USD pair.
This feature of the Aussie means that Chinese market
sentiment will also have some influence.
If you're thinking about trading AUD/USD, the usual
economic indicators are always applicable. Australia
is almost famed for high interest rates. And traders
should keep a watch out for how the Reserve Bank of
Australia decides to act. Any hikes or cuts in rates
will owe as much to the domestic economic landscape
as it does to macro-economic trends outside of its
own control.
When should you trade AUD/USD?
FXOpen EU offers 24-hour trading on all currency pairs – including AUD/USD. Open an account with FXOpen EU and discover new opportunities when you trade AUD/USD. With unpredictable commodity markets adding a different edge to this forex pair, get started today.
