What is AUD/USD (Australian dollar - US dollar)?

Note: Low and High figures are for the trading day. AUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar.

Is the Aud a good currency to buy?

In recent years, record low interest rates has given the upper hand to the Greenback. While a commodity currency, the Aussie Dollar is also a proxy to the Chinese Yuan and sees material political and economic influence from China. The AUD/USD ranks as the 4th most liquid currency pairing, accounting for 6% of total transaction volume.

Why does the AUD/USD pair increase?

For example, when the Federal Reserve (the US regulator, aka the central Bank) intervenes in its open market to stimulate companies' activities, thus increasing the supply of US dollars and placing downward pressure on the US currency, the value of the AUD/USD pair could increase.

What is a day high / low / open price?

Treasuries Rebounded Overnight as Yields Hovered at 4.24%. The market will keep an eye on data releases early this morning and Beige Book this afternoon. Day High / Low: The highest and lowest trade price for the current trading session. Open: The opening price for the current trading session is plotted on the day's High/Low histogram.