The price of AUD/USD reflects how many USD (the quote currency) are needed to buy one AUD (the base currency). This forex pair represents two of the world’s most developed economies and is one of the most popularly traded pairs on a daily basis. As a ‘major cross’ it has one of our lowest margin rates for forex on our platform.
Why is AUD a popular currency?
The AUD/USD currency pair is popular with Foreign Exchange (FX) traders due to Australia's relatively high interest rate, stable economy and exposure to the commodities sector. What influences the AUD? 1. Interest Rates
How do I use advanced auction charts?
Use advanced Auction charts to analyse the AUCT price and maximise your opportunities when trading Auction. Improve your trading strategy with advanced charts. Use advanced charts to maximise your opportunities when buying and selling Auction.
Why does the AUD/USD exchange rate rise?
When global players are confident, they invest money back, and then the AUD exchange rate rises. AUD/USD is heavily influenced by economic and regulation information from China because Australia is a material importer to China and other Asian countries.
