AUD/USD Trading Positions

AUD/USD

The AUD/USD pair, also called the “Aussie”, tells the trader how many US dollars (the quote currency) are needed to purchase one Australian dollar (the base currency).

Together with the New Zealand Dollar and the Canadian Dollar, the AUD is a commodity currency, that is a currency whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.).


Important assets for AUD/USD

The pair AUD/USD often rises and falls along with the price of gold.

In the financial world, gold is viewed as a safe haven against inflation and it is one of the most traded commodities. Australia's dependency on commodity (mineral and farm) exports has seen the Australian Dollar rally during global expansion periods and fall when mineral prices slumped, as commodities now account for most of its total exports.


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Currency Trading Positions

The purpose of the Trading Positions table is to provide a glance of AUD/USD as to where our dedicated contributors are currently positioned. You can access the original analysis reports by clicking on each position.