The AUD/USD is the market's premier "risk-on" proxy, functioning as a liquid bet on global growth and the commodity cycle. It tracks the exchange value of the Australian Dollar against the Greenback, heavily influenced by the RBA-Fed yield spread and Chinese industrial demand for iron ore. Traders play this pair to capture macro divergence: it typically rallies on bullish sentiment and hard commodity strength, while retreating during "risk-off" flights to USD safety.

Our live AUD/USD chart allows traders to monitor the AUD/USD currency pair's price movements in real time. Various time spans can be monitored in the chart, with options for 1 hour, 1 day, 1 week, and 1 month. By monitoring the chart, traders can gain insights into AUD/USD forex rates to identify potential trends. However, it should be noted that this data isn’t a guarantee or a prediction of future performance and shouldn't be considered an AUD-to-USD forecast.

The AUD/USD currency pair, informally known as the “Aussie,” represents the exchange rate between the Australian and US dollars. It’s informally known as the “Aussie,” a common nickname for Australians.

You can trade the AUD/USD currencies when you sign up with OANDA. After you register, make a deposit and start trading this and 67 other currency pairs.

The AUD/USD currency pair is among the most popular. This major pair has high liquidity and minimal spreads, and is also known for its high volatility.

Unlike many other currency pairs, there are two windows to trade AUD/USD that offer distinct benefits.

The first window is when the London and New York markets overlap from 8 am to 12 pm ET. This period is more volatile than the second window.

The second window is during the overlap of the Sydney and Tokyo markets, from 7 pm to 2 am ET. This period typically offers higher liquidity than the first window.

OANDA’s maximum leverage for the AUD/USD currency pair is 33.3:1. Learn more about different currency pair leverage ratios.

When leveraging the AUD/USD pair, you can take advantage of a leverage ratio of 33.3:1. For example, if you have $100, you can take a total position worth $3,330. But traders need to keep in mind that leverage can scale your exposure to both positive and negative price movements. You should be careful when using leverage in forex trading to avoid incurring significant losses.

Understanding what moves a currency is vital in fundamental analysis. Here are some of the factors that can influence the value of this pair include:

• The health of the Chinese economy: China is Australia’s largest trading partner, meaning that Chinese growth has boosted demand for Australian goods and resources, improving the value of the Australian dollar.
• RBA and Fed announcements: Monetary policy decisions, such as changes to interest rates by the Reserve Bank of Australia (RBA) and the US Federal Reserve (Fed), can cause dramatic shifts in the value of the AUD/USD currency pair.
• ABS and US Bureau of Labor Statistics announcements: Similarly, announcements by the Australian Bureau of Statistics and the US Bureau of Labor Statistics, such as unemployment rates, can have a significant impact on their respective currencies.
• Global commodity prices: Australia’s economy is heavily influenced by the price of global commodities such as iron ore, coal, and lithium.
• Global geopolitical issues: Global events, such as wars that affect energy prices or pandemics that disrupt supply chains, can negatively impact both the AUD and USD, but they more heavily affect the AUD since the USD is seen as a safe-haven currency.

Yes, AUD/USD is highly liquid.

You can trade AUD/USD and 67 more major and minor currency pairs with OANDA. Our online trading platform offers a wide range of solutions, including OANDA Mobile, OANDA Web, and MetaTrader 4. You can also choose between our standard and Elite Trader accounts, depending on your online trading requirements. Sign up for a trading account or a demo trading account to begin trading online.