Loading Market Trend ... The AUD/USD pair is the abbreviated term for the Australian dollar and the US dollar, nicknamed Aussie or the Aussie dollar. Before we get into the particulars, what exactly does the term AUD/USD mean?
Why is the Aud a gross measure of market activity?
It is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the AUD, while a low reading is negative.
What's going on with AUDUSD in 2023?
Don't miss our 2023 AUDUSD forecast! The Australian Dollar is facing headwinds yet again against the US Dollar, as the central bank divergence theme is back in play in early 2023.
Why does AUD/JPY tend to decline?
The pair tends to decline is a risk off approach and rise in a low risk environment on carry flows. Probable double top set-up in AUD/JPY Hello traders, AUD/JPY is currently about to reach a resistance level from where we had seen a rejection in the past.
