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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

USDOLLAR Vulnerable Heading Into NFPs- August Setups in Focus
The USD rally is at risk ahead of tomorrow’s jobs report with setups in EURAUD & AUDNZD poised for the August open. Here are the updated targets & invalidation level...
US Dollar Looks like a Buy versus Euro, Yen, and Sterling
Record positions in the US Dollar warn that we’re at a substantial turning point, but until this changes we’ll remain in favor of buying USD at these levels.
Australian Dollar Poised for Further Losses versus US Dollar
AUD/USD Threatens Break Of Range-Bottom With Bullish Patterns Lacking
The Australian Dollar has hit the 0.9320 target offered in recent candlesticks reports following a Dark Cloud Cover pattern near 0.9440.
USD/JPY Fueling Broader USD Breakout; EUR/USD Weak Under 1.3400
Today can be viewed as an 'eye of the storm' type day, considering that there's no major US event risk: yesterday saw ADP, GDP, FOMC; tomorrow sees NFPs, PCE, ISM.
Dollar Rallies, But What Was the Source of Strength?
In a storm of fundamentals, the dollar did not escape a swell of volatility this past session. However, the currency’s remarkable rally didn’t exactly fit the expected...
Forex Video: Long-Term US Dollar Outlook 07.31.2014
Examining the long-term trend of the US Dollar and trading it via a diversified portfolio tracking the currency vs. the British Pound, Yen, Euro and Australian Dollar.
AUD/USD Technical Analysis: Sellers Challenge Range Floor
AUD/USD 0.9320 Floor In Focus Following Dark Cloud Cover Formation
The Australian Dollar may be set to extend its recent declines following the emergence of a Dark Cloud Cover candlestick formation near the currency’s range-top.
USDOLLAR in Breakout Territory amid ADP, GDP, FOMC
This week we've already discussed the implications of falling US Treasury yields on the US Dollar. Instead, the US Dollar is starting to gather momentum in the short-term amid a flurry of key event risk the next few days.

Australian Dollar Trading Forecast

Symbol Forecast Outlook

Forex Economic Calendar

Current Time:

GMT0 21:39    

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  • (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.