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The currency of Australia. Currency code (AUD)
Australian Dollar
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Currency Codes
Related Terms
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The Reserve Bank of Australia (RBA) is Australia’s central bank. It conducts monetary policy, works to...
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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
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Safe haven currencies are currencies that are expected to retain or increase in value when it seems like...
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Risk sentiment is a term used to describe how financial market participants (traders and investors) are...
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The Carry Trade is a trading strategy where investors/traders sell or borrow assets with lower-yielding...
Related Articles
AUD Weekly Review (Aug. 3 – 7)
AUD took the top spot this week as traders focused more on the improving economic updates over the pandemic worsening in Australia.
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AUD Weekly Review (Oct. 5 – 9)
AUD took a beating after the latest Australian government budget report but was able to recover due to hopes of a new U.S. stimulus deal coming soon.
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AUD Weekly Review (Sept. 21 – 25)
An ugly week for the Australian dollar as broad risk sentiment soured due to rising pandemic fears, negative comments from RBA officials and negative economic updates from Australia.
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AUD Weekly Review (May 18 – 22)
Aussie sees a sea of green this week thanks to traders mostly feeling good on risk early in the week on stimulus hopes and positive vaccine news.
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