AUD/USD
Type: Currency | Group: Majors | Base: Australian Dollar | Quote: US Dollar | Spread: 0.08 – 3.8 pips
| Highest Level (Jul 2008) |
| 1.6040 |
| Interest Rates | |
 |
 |
| Reserve Bank of Australia | Federal Reserve |
| 0.00% | 0.00 – 0.25% |
| Lowest Level (Oct, 2000) |
| 0.8231 |
| AUD/USD | Range Today: 72.1 pips | ||||
| Wave | 1 Week | 2 Weeks | 1 Month | 4 Months |
| Direction | Bullish ⇧ | Bearish ⇩ | Bearish ⇩ | Bearish ⇩ |
| Highest | 1.3223 | 1.3245 | 1.3258 | 1.33655 |
| Lowest | 1.2325 | 1.2354 | 1.2145 | 1.2356 |
| Use time frame m5, m15, m30, H1, and H4 to use this data | Update: March 19, 2022 | ||||
About AUD/USD
The Australian dollar U.S. dollar (AUD USD) is a currency pairing whereby the Australian dollar and the U.S. dollar can be traded against each other. The AUD USD can be thought of as the Aussie dollar versus the American dollar – when you short one, you are long the other and vice versa. The AUD USD is usually numbered among the ten most widely traded currency pairs. The AUD USD may also be written as AUD/USD.
Much like the USD CAD, the AUD USD is often used as a commodity play. Australia has a robust mining sector and significant mineral resources that the country is developing. The U.S. also has mineral resources, but its economy is less resource focussed than Australia. The Reserve Bank of Australia is charged with watching over the AUD, just as the Federal Reserve watches over the USD.
About Australian Dollar
The Australian dollar is the official currency of Australia. The Australian dollar is considered to be one of the major currencies and is paired with all the other major currencies, including the U.S. dollar (USD), Japanese yen (JPY), Swiss franc (CHF), euro (EUR), pound sterling (GBP) and Canadian dollar (CAD).
The Australian dollar is a very stable currency with a history that is refreshingly free off large scale government interventions into the currency market. The AUD is considered to be one of the commodity currencies because a large percentage of Australia’s economy is based off of the nation’s vast mineral deposits and mining activities.
About US Dollar
The USD is integral to world trade in that it belongs to the world’s largest economy and acts as the world reserve currency. Because of this unique situation, many of the standard economic rules do not seem to apply to the USD.
The U.S. government has had long periods of fiscal irresponsibility and yet the USD has not always suffered during inflationary times that would damage any other currency. This is because, as the world’s largest economy, the USD is considered a safe haven currency in times of global uncertainty. However, this rule doesn’t always hold, and the U.S. dollar does eventually pay for periods of prolonged inflation and trade deficits – it just seems to enjoy a much longer lag before any market reaction takes place.
Latest AUD/USD
Gross Domestic Product, First Quarter 2022
Real gross domestic product (GDP) decreased at an annual rate of 1.4 percent in the first quarter of 2022, according
Central Banks and Inflation (11 – 15 April)
A week of Central banks meetings starts, and it can turn out quite energetic and active. Meanwhile, the macroeconomic calendar
RBA: Hawkish hold as inflationary pressures rise
The RBA has recognised that it may need to be less ‘patient’ over increasing interest rates due to rising inflationary
AUDUSD: Weekly Review 04-08 April 2022
Australia has an important week ahead, with Retail Sales on Monday and the RBA rate decision on Wednesday. Arguably the
A strong labour market will force the Fed to increase tightening
In March, the US economy created 431K new jobs, less than the expected 500K. However, a substantial upward revision of
Healthy jobs and income US data helps USD, but not S&P500
American households increased spending by 0.2% in February, compared with a 0.5% rise in income. But this data only looks
US trade deficit near-record won’t help the Dollar
According to preliminary data from the US Bureau of Economic Analysis, the US trade deficit stalled last month. Imports exceeded
The dollar may be giving up reserve positions, but not the price
There has been a lot of talk lately about the decline of the US dollar’s reserve status. However, investors and
AUD/USD Technical Analysis – March 25th
Recent trading witnessed weekly price shake hands with resistance at $0.7501.This followed a decisive bid from weekly prime support at
US Jobless claims fell to the lowest in 53 years
The number of initial jobless claims in the US collapsed to 187K last week, the lowest since 1969. Before the