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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

Weekly Trading Forecast: Volatility Keeps Boiling in the FX Market
Just as the global capital markets were preparing for the seasonal downshift into Thanksgiving week, multiple central banks sent a shockwave of volatility through the markets. Be ...
AUD To Look Past Local Data Yet Remains At Risk On Elevated Volatility
The Aussie is in for another suspenseful week near its 2014 low as elevated volatility expectations threaten to keep pressure on the high-yielding currency.
Gold Output Declines Amongst Top 5 Producers, Coinciding with Lower Prices
Coinciding with lower prices, 2014 gold output has declined amongst the top 5 producers. Depending on their correlation to gold prices, the top five producer’s currencies ha...
EUR/USD Breaks Channel from November Low, AUD/USD Skewed by PBoC
Central bank activity in Asia and hints of activity in Europe are driving markets at the end of the week.
AUD/USD Doji Indicates Hesitation From The Bears Near 2014 Low
AUD/USD is at a critical juncture near its 2014 low with a Doji on the daily suggesting reluctance from the bears to lead the pair lower.
AUD/USD Technical Analysis: Support Found Below 0.86
Scalping the AUDUSD Correction- Longs Favored Above 8565
The Aussie has rebounded off a key support confluence shifting our near-term focus higher in the pair. Here are the updated targets & invalidation levels.
AUD/USD Risk as Higher as Long as in Range
Australian Dollar Targets Fresh Lows
Heavily one-sided retail FX trader sentiment warns that the Australian Dollar will likely continue lower against the US Dollar.
USDOLLAR Continuation as EUR/USD, GBP/USD Fail at Resistance
The USDOLLAR's early week triangle has broken higher, and further gains appear on the horizon.

Australian Dollar Trading Forecast

Symbol Forecast Outlook

Forex Economic Calendar

Current Time:

GMT0 16:38    

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Date Time Currency Event Importance Actual Forecast Previous Notes
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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.