What does AUD/USD mean in forex?

AUD/USD is the forex ticker for the exchange rate between the Australian Dollar and US Dollar – the pair is also known as the Aussie. It tells traders how many US$ are needed to buy one AU$ in real time. The Aussie is the sixth-most-traded currency pair in the world – representing approximately 5% of all forex trades by volume.

What does AUD/JPY mean?

AUD/JPY is the forex ticker representing the Australian Dollar against the Japanese Yen. It’s an extremely popular pairing for its relation to risk – it tends to fall in price when risk is perceived to be low and rise when risk is higher and market participants are looking for risk-off investments.

What is the AUDUSD pair?

The AUDUSD pair, also called the “Aussie”, tells the trader how many US dollars (the quote currency) are needed to purchase one Australian dollar (the base currency). This currency pair is also known as the "Aussie".

What happened to AUD/USD?

The AUD/USD pair kept falling in the last few days, reaching a fresh multi-week low of 0.7263 on Friday, to close the trading week a handful of pips above it. EUR/USD rebounded during the American session and climbed to 1.0715 as the US Dollar retreated, accompanied by lower Treasury yields.