AUD/USD (Australian Dollar – US Dollar)

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. Follow the AUD/USD live with the interactive chart and read the latest forecast and AUD/USD news to boost your technical and fundamental analysis when trading this pair.
Australia is a fairly wealthy country, but it is small and keenly dependent upon agricultural and mining commodities. High-interest rates and non-competitive costs make it difficult for Australian businesses to compete and the country lacks a strong manufacturing infrastructure. With that in mind, the Australian dollar is likely to continue to trade on the basis of commodity prices, the health of major Asian resource importers, and its high-interest rates. Though the state of Australia’s economy should be a concern to Australians, it is unlikely that the Australian dollar will fade from importance even as the Chinese yuan becomes more significant in the region.

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