AUDUSD (AUSTRALIAN DOLLAR VS US DOLLAR
FAST FACTS
1. Currency Pair: AUD/USD represents the exchange rate between the Australian dollar (AUD) and the US dollar (USD), often called the “Aussie.”
2. Commodity Influence: Australia’s economy is heavily tied to commodities like iron ore and gold, making AUD/USD sensitive to global commodity prices.
3 .Risk Sentiment Indicator: The Aussie is considered a risk currency, often rising during global optimism and falling during market fears.
4. Time Zone Advantage: AUD/USD is most actively traded during the Asian and US market overlap, offering unique trading opportunities.
5. Historical Peak: AUD/USD reached its all-time high of 1.1080 in July 2011, driven by a commodities boom and weak USD.
