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AUD (Australian Dollar)

The Australian Dollar represents the economy of Australia and is the fifth most commonly traded currency in the world.


The Australian Dollar had a fixed exchange rate until 1983 when the Australian Labor government floated the currency. The Australian Dollar was part of the Bretton Woods system from 1946 to 1971 with which the Australian Dollar was pegged to the British Pound (which was fixed to the US Dollar which was pegged to Gold) until 1967. As Bretton Woods began to break down, the value of the Australian Dollar was converted to a traditional peg against a floating US Dollar.

AUD News and Analysis

Euro Drops on Greece Fears, Aussie Dollar Rises With Chinese Stocks
The Euro fell amid renewed worries about Greece-linked instability while the Aussie Dollar rose alongside Chinese stock exchanges in overnight trade.
Trading Video: Not a Clean Break for EURUSD or EURJPY
The holiday drain to start the week didn't do much to ease frayed nerves.
Australian Dollar Down Trend Ready to Resume?
Aussie-Dollar's current momentum is nearing its past consistency averages as a recent recovery failed to hinder its pursuit.
AUD/USD Technical Analysis: Digesting at Three-Week Low
AUD/USD Technical Analysis: Support Now Below 0.78 Mark
EUR/USD Rally Checked by ECB Commentary, Better US Data
Two major drivers of Euro strength in recent weeks both turned in concert, crushing the 18-member currency.
A Fundamental Push for Key EURUSD, GBPUSD and USDJPY Levels?
A surge from the Dollar to close this past week has put many of the 'majors' on the verge a reviving a long-term trend.
Australian Dollar Recovery May Resume After US-Linked Interlude
The Australian Dollar may resume its recovery after a brief interlude amid jitters preceding key US economic news-flow last week.
USD/CAD, USD/JPY Seen as Most Resilient USD-Pairs
Today's US inflation data should spark the greenback.
AUD/USD Technical Analysis: Aussie Pauses to Digest Losses

Australian Dollar Trading Forecast

Symbol Forecast Outlook

Forex Economic Calendar

Current Time:

GMT015:48    

  • (GMT-12) GMT-12:00
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  • (GMT-10) Hawaii
  • (GMT-9) Aleutian
  • (GMT-8) Alaska
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  • (GMT-6) US & Canada
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  • (GMT-3) Buenos Aires, Halifax, Brasilia
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  • (GMT+10) Vladivostok, Melbourne, Sydney, Brisbane
  • (GMT+12) Auckland, GMT+12:00, Fiji
  • (GMT+13) Samoa
Date Time Currency Event Importance Actual Forecast Previous Notes
There are no events scheduled.

In 1983, the Australian Dollar was set to a free-floating exchange rate that could reflect the balance of payments and market drivers for the Australian economy.


Australia is noted for being the first country in the world to move to a complete system of bank notes made from polymer or plastic, first introduced in 1988 with the entire currency converted in 1996.


Of recent, The Australian Dollar was a favorite of carry traders as the commodity boom helped keep interest rates elevated while much of the developed world struggled with contractionary economic pressures. Interest rates were very low in developed economies such as The United States, Japan, and Europe and traders could borrow funds in these economies to invest in higher rates in Australia. This helped to drive The Australian Dollar to all-time highs against the US Dollar in 2011.