AUD/USD or AUD to USD or “Aussie” is the Forex pair trading the Australian Dollar against the American Dollar. This pair is part of the “Majors”, is one of the most popular pairs for trading and investing and is also known as a carry trade currency pair.
AUD/USD enjoys a rather high liquidity and combined with the high interest rates practiced by the Reserve Bank of Australia positioned the pair among the favorites for carry trade.
AUD/USD price is sensitive to raw materials price fluctuations and thus is a commodity currency. And also to the US economy news and evolution.
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