Learn all about the Aussie
An Introduction to the Australian Dollar or Aussie (AUD)
Posted in BVI | EN | Labs | Forex

What you should know about the AUD before trading it What drives its value, key indicators, and relationship to commodity prices and China?

An Introduction to the Australian Dollar (AUD)

Source- TradingView AUDUSD and AUDJPY movement charts Source: TradingView AUD/USD and AUD/JPY movement charts

What is the Australian Dollar?

2. Six Features of the Australian Dollar

Ranking of currencies in Foreign Exchange Trading Volume Ranking of currencies in Foreign Exchange Trading Volume Source: BIS (Bank for International Settlements)
Trading volume of currency pairs Trading volume of currency pairs Source: Financial Futures Trading Association
AUDJPY correlation chart with Oil and Iron Ore AUDJPY correlation chart with Oil and Iron ore—Source TradingView
Correlation between AUDJPY and HSI Correlation between AUDJPY and Hang Seng Index - Source TradingView
Economic indicators from Australia and China Economic indicators from Australia and China

The Outlook for the AUD/JP

AUD Cash Rate AUD Cash Rate: Source: Reserve Bank of Australia
AUDJPY and CRB Index Movements Chart AUDJPY and CRB Index Movements Chart: Source TradingView
Comparison between forex margin trading and foreign currency deposits Comparison between forex margin trading and foreign currency deposits

Three disadvantages of using Forex to invest in the Australian Dollar

Overview of key economic indicators for Australia and China

OANDA provides currency pairs

AUD currency pairs are available for trading by Oanda AUD currency pairs are available for trading by Oanda

Summary

Frequently asked questions

What do I need to know when trading the Australian dollar?