Introduction The AUD/USD Pair


The AUD/USD (Australian dollar/ US dollar) is the relation of the Australian dollar against the US dollar. The AUD is the official currency of Australia and is the sixth most traded currency in the fx market. The AUD has a 80% positive correlation with gold.

Forex Knowledge: Trading the Australian dollar/ US dollar

  • Typical broker spread: 1.0-4 pips
  • Common used nicknames: Aussie or Ozzie
  • Most active trading sessions: Sydney/Tokyo session and US session
  • Most active trading hours: 0:00 GMT – 4:00 GMT and 13:30GMT-17:30GMT
  • Average daily range (high-low): 102 pips
  • Trading strategies to trade AUD/USD: Click here
  • Recommended level of trading experience: New
  • Value of one pip AUD/USD: $10 (standard), $1 (mini) and $0.1 (mirco)

Economic Events That Move The Australian Dollar/ US Dollar


  • Trade Balance
  • Current Account
  • Exports
  • Gross Domestic Product (GDP)
  • Consumer Price Index (CPI)
  • Retail Trade
  • RBA Rate Decision
  • RBA Governor Speaks

B. United States

  • Employment – (Non Farm Payrolls and Unemployment Rate)
  • FOMC Rate Decision
  • Trade Balance
  • Current Account Balance
  • Net Foreign Security Purchases (TIC)
  • Gross Domestic Product (GDP)
  • Consumer Confidence
  • ISM Manufacturing
  • Philadelphia Fed Survey
  • Durable Goods Orders
  • University of Michigan Consumer Sentiment Index
  • Consumer Price Index
  • Producer Price Index (PPI)
  • Advance Retail Sales
  • Fed President Speaks
Spread the knowledge