Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

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 Vulnerable as German CPI, Draghi Commentary Looms Ahead
The Euro may face renewed selling pressure as a soft set of German inflation figures and dovish comments from ECB President Draghi drive stimulus expansion bets.
AUD/USD Rebound Sees A Morning Star Pattern Take Shape
AUD/USD’s small rebound has produced a Dragonfly Doji on the daily which is threatening to evolve into a bullish Morning Star formation.
AUD/USD Technical Analysis: Support Found Below 0.85
Bullish US Dollar Undermined by Shaky October Durable Goods Orders
This morning’s top economic report generates mixed US Dollar sentiment.
EUR Short Covering Elusive as More Talk of QE Inspires Bears
Fundamental pressures are preventing key technical levels from being achieved by Euro bulls.
AUD/USD Downside Risks Remain With Bullish Reversal Patterns Lacking
AUD/USD has pushed into waters not witnessed since 2010 with an absence of bullish reversal patterns opening the prospect of further declines.
Japanese Yen May Rise as Year-End Capital Flows Begin to Emerge
The Japanese Yen may rise as year-end profit-taking begins to emerge. The British Pound looks to revised third-quarter GDP figures to inform BOE rate hike speculation.
Dollar and Yields Slide Despite Improved US Data
Though the Dow Jones FXCM Dollar Index (ticker = USDollar) marked a fresh five-year high on an intraday basis, the benchmark marked little progress at the end of the day.
Video: Event Risk Can Set Off Volatility, but Carry Trends?
With the FX market focusing more intently on monetary policy rather than the muddled bearings for general sentiment, there is a greater chance of volatility as the week progresses.
AUD/USD Technical Analysis: Aussie Drops to 4-Year Low

Australian Dollar Trading Forecast

Symbol Forecast Outlook

Forex Economic Calendar

Current Time:

GMT0 01:24    

  • (GMT -12) GMT-12:00
  • (GMT -11) GMT-11:00
  • (GMT -10) Aleutian, Hawaii
  • (GMT -9) Alaska
  • (GMT -8) Los Angeles, Vancouver
  • (GMT -7) US & Canada
  • (GMT -6) Chicago, Mexico City
  • (GMT -5) Toronto, New York
  • (GMT -4) Halifax
  • (GMT -3) Buenos Aires, Santiago
  • (GMT -2) Brasilia, DeNoronha
  • (GMT -1) GMT-01:00
  • (GMT +0) Lisbon, London, UTC
  • (GMT +1) Paris, Berlin
  • (GMT +2) Istanbul, Athens
  • (GMT +3) Nairobi
  • (GMT +4) Dubai, Moscow
  • (GMT +5) Karachi, Islamabad
  • (GMT +5:30) Mumbai, Delhi
  • (GMT +6) Dhaka, Almaty
  • (GMT +7) Jakarta, Bangkok
  • (GMT +8) Shanghai, Singapore
  • (GMT +9) Tokyo, Seoul
  • (GMT +9:30) Darwin
  • (GMT +10) Brisbane
  • (GMT +10:30) Adelaide
  • (GMT +11) Vladivostok, Sydney, Melbourne
  • (GMT +12) GMT+12:00
  • (GMT +13) Auckland, Fiji
  • (GMT +14) 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.