AUD to USD Live Trading Room
- About the Live Trading Room
- Live Forex Calendar
- Live Exchange Rate and Chart
- Technical Analysis
- The Most Trusted Forex Brokers for Trading AUS/USD
About the Live Trading Room
The AUD/USD pair, the “Aussie”, shows the trader how many U.S. Dollars (the quote currency) are needed to purchase an Australian Dollar (the base currency). The Australian Dollar is a commodity currency whose exports are mainly raw materials, like oil, agriculture, precious metals, etc. The Australian Dollar’s interest rates are set by the Reserve Bank of Australia (RBA) and have been among the highest of industrialized countries. The Australian Dollar’s relatively high liquidity has made it an attractive currency pair for carry traders looking for a currency pair with the highest yields. Australia is a prominent exporter to China, and its economy and currency reflect any change in the situation in that country. The Australian Dollar is known for its greater exposure to Asian economies. Also, the currency pair AUD/USD often rises and falls along with the price of gold. Gold is usually viewed as a safe-haven against inflation, and it is one of the most traded commodities. Assets that influence AUD/USD the most:
- Currencies: New Zealand Dollar and the Japanese Yen. This group also includes EUR/USD, GBP/USD, USD/JPY, USD/CHF, NZD/USD, USD/CAD, GBP/JPY and EUR/JPY.
- Commodities: Gold, Iron Ore and Natural Gas.
- Bonds: GNZGB10 (New Zealand Government Bond 10 Year), GACGB10 (Australian Government Bonds Generic Yield 10 Year), and T-NOTE 10Y (10 year U.S. Treasury note).
- Indices: S&P/ASX 200 (the Australian Securities Exchange’s stocks), S&P/TSX Global Gold Index (Toronto Stock Exchange’s producers of gold and related products).
Live AUD/USD Forex Calendar
The people and organizations that influence the most the moves of the AUD/USD pair are:
- The Reserve Bank of Australia (RBA) issues statements and decides on the country’s interest rates. RBA’s president is Philip Lowe.
- Australian Government and the Australian Department of Finance implement policies that affect the economy of the country.
- The U.S. Government: events as administration statements, new laws and regulations or fiscal policy can increase or decrease the value of the USD and the currencies traded against it, in this case, the Australian Dollar.
- The Federal Reserve of the United States, or only the Fed, through active duties such as setting the reserve requirement, managing interest rates, and acting as a lender of last resort to the U.S. banking sector during times of bank insolvency or financial crisis, the Fed controls the monetary policy.
In terms of the economic data, as for most currencies, the AUD/USD traders should pay special attention to:
- Gross Domestic Product (GDP), represents the total market value of all final goods and services produced in the country. It is an essential measure of market activity because it indicates whence a country’s economy is growing or decreasing. A high reading or better numbers than expected number is seen as positive for the AUD, while a low reading is negative.
- Inflation measured by the key indicators such as the Consumer Price Index (CPI) and the Production Price Index (PPI) reflects purchasing trends changes.
Current Trade Balance represents a balance between exports and imports of total goods and services of the country. A positive value of the trade balance shows a trade surplus, and a negative value shows a trade deficit. If a stable demand in exchange for Australian Dollar exports is seen, that will turn into a positive growth in the Australian trade balance, which should be beneficial for the Australian Dollar.
Live Australian to the U.S. Dollar Exchange Rate and Chart
The Australian to the U.S. Dollar charts update live and set to candlestick charts and 1-hour time frame. Use the live trading chart with the latest Australian and the U.S. news, and forex education, to trading on the AUD/USD currency pair.
AUD/USD trading signal from TradingView.com, based on 11 oscillators and 17 Moving Averages.