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What is the range of the AUD/USD price?
The first minor range is .7030 to .7266. The AUD/USD is currently trading on the weak side of its retracement zone at .7120 to .7148, making it resistance.When did the ADF audit start?
The ADF Audit began at the end of August 2013, one year from the tabling of the ADF Review’s Report, in accordance with the Terms of Reference. While the ADF Review’s Report was broad in scope, the approach of the ADF Audit was necessarily more specific.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 RatesHow has the falling cash rate impacted the Aud?
The falling cash rate has decreased the AUD's value as foreign investors withdraw their funds and chase higher returns in other countries. View an example image. 2. Commodity Prices Falling commodity prices have negatively impacted the AUD as demand for Australian Dollars to buy our commodities falls. 3. Economy