AUD/USD

AUD/USD
Australian Dollar - US Dollar
0.7268+0.0013 (+0.18%)
As of: Sep 27 13:21 UTCMarket:Open
Open
0.7255
High
0.7291
Low
0.7247

Stats

Prev. Close

0.7255

Open

0.7255

Day's Range

0.7247 - 0.7291

52 Week Range

0.6991 - 0.8107

YTD Change

-5.61%

1 Year Change

3.24%

Economic Calendar

Time zone: GMT

Saturday, September 25th 2021

Time	Time Left	Country	Event	Impact	Actual	Forecast	Previous
11:00		USD	Fed Williams Speech

Monday, September 27th 2021

Time	Time Left	Country	Event	Actual	Forecast	Previous
12:00		USD	Fed Evans Speech
12:30		USD	Durable Goods Orders Ex Transp MoM	0.2 %	0.5 %	0.8 %
12:30		USD	Durable Goods Orders MoM	1.8 %	0.7 %	-0.1 %
14:30	01:07	USD	Dallas Fed Manufacturing Index		11	9
16:00	02:37	USD	Fed Williams Speech
16:50	03:27	USD	Fed Brainard Speech

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% Sep 07, 21		0.25% Sep 22, 21
Inflation Rate	3.8% Q2 21		5.3% Aug 21
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AAAStable	AaaStable	AA+Stable