AUD/USD

AUD/USD
Australian Dollar - US Dollar
0.7586+0.0009 (+0.12%)
As of: Jun 25 00:04 UTCMarket:Open
Open
0.7577
High
0.7592
Low
0.7580

Stats

Prev. Close

0.7577

Open

0.7577

Day's Range

0.7580 - 0.7592

52 Week Range

0.6833 - 0.8007

YTD Change

-1.48%

1 Year Change

9.26%

Economic Calendar

Time zone: GMT

Thursday, June 24th 2021

Time	Country	Event	Actual	Forecast	Previous
12:30	USD	GDP Price Index QoQ Final	4.3 %	4.3 %	1.9 %
12:30	USD	GDP Growth Rate QoQ Final	6.4 %	6.4 %	4.3 %
15:00	USD	Fed Williams Speech
20:30	USD	Fed Bank Stress Test Results

Friday, June 25th 2021

Time	Time Left	Country	Event	Forecast	Previous
12:30	12:24	USD	Personal Spending MoM	0.4 %	0.5 %
12:30	12:24	USD	PCE Price Index YoY	4.2 %	3.6 %
12:30	12:24	USD	Personal Income MoM	-2.5 %	-13.1 %

AUD/USD

Referred to as a commodity currency, the Aussie has close correlation with commodity prices due to its traditional reliance on the trade of natural resources. Historically, yield differentials delivered strong demand for the Aussie Dollar through carry trades, making the Aussie Dollar a riskier asset. In recent years, record low interest rates has given the upper hand to the Greenback. While a commodity currency, the Aussie Dollar is also a proxy to the Chinese Yuan and sees material political and economic influence from China. The AUD/USD ranks as the 4th most liquid currency pairing, accounting for 6% of total transaction volume.

	Australia		United States
Interest Rate	0.1% Jun 01, 21		0.25% Jun 16, 21
Inflation Rate	1.1% Q1 21		5% May 21
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AAAStable	AaaStable	AA+Stable