AUD / USD is the abbreviation for the return of the Australian dollar
and the US dollar, the currency pair that tells us how many dollars
(quote currency) are needed to buy an Australian dollar (base currency)
The trading on the AUD / USD is also trading sull'Aussie said.AUD / USD: as you read?
The value of the AUD / USD says in other words that is worth N $ 1 Australian Dollar. For example, if the pair is trading at 1.50 means that serve 1.5 dollars (USD) to buy an Australian dollar (AUD).AUD / USD: what it depends on?
AUD
/ USD is affected by factors that affect the value of the Australian
dollar and / or the US dollar in relation to each other and with other
currencies. For this reason, the interest rate differential between the Reserve
Bank of Australia (RBA) and the Federal Reserve (Fed) tends to affect
the value of the couple.
Indeed, when the Fed intervenes in market activity to make stronger
the dollar, the value of the AUD / USD may decrease due to a
strengthening of the US dollar against the Australian Dollar.Correlations
The AUD / USD tends to have a negative correlation with the USD / CAD,
USD / CHF and USD / JPY because the AUD / USD is quoted in US dollars,
while others are not.
The
correlation of USD / CAD could also depend on the positive correlation
between the Canadian dollar and the Australian dollar (because both have
similar economic structures and because they are both resource-based
economies).
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