What is an AUD/USD pair?

The AUD/USD pair is the abbreviated term for the Australian dollar and the US dollar, nicknamed Aussie or the Aussie dollar. Before we get into the particulars, what exactly does the term AUD/USD mean? The exchange rate tells you how many US dollars (quote currency) are required to purchase one Australian dollar (base currency).

How does export and international trade data affect AUD/USD exchange rate?

Export and International Trade data. Better than forecast data increases the demand for the related currency and impacts the value of either the Australian dollar or the U.S. Dollar, causing fluctuations in the AUD/USD exchange rate as investors rush in to buy either currency. Let’s take a closer look at some of these events.

What's going on with AUDUSD?

Upward trend forming, EMA break and retest. 3 profit zones identified. AUDUSD touches the target The Australian dollar pair against the US dollar , and finds strong support there to now show some bullish bias, influenced positively by stochastic indicators, heading towards achieving immediate gains that may reach 0.6468 .

What organizations and people affect the AUD/USD pair?

The organizations and people that affect the most the moves of the AUD/USD pair are: Reserve Bank of Australia that issues statements and decides on the interest rates of the country. Australian Government and its Department of Finance that implement policies that affect the economy of the country.