Cryptocurrency Charts
Charts can help you clearly see the market trend.
AUDUSD
Australian Dollar / U.S. Dollar
Past performance is not an indication of future results.
About
AUDUSD represents the amount of dollars that 1 Australian dollar can buy.
Factors affecting AUDUSD
1. U.S. monetary policy and Australia monetary policy 2. U.S. and Australia economic data
Historical Market Review
RBA (March 19, 2020) announced to cut the interest rate by 25 basis points to support the Australian economy that was hit hard by the epidemic. Affected by this, AUDUSD refreshed a 17-year low of 0.5506, but then the price rebounded strongly from the low, reaching a maximum of 0.5964, and the maximum amplitude of the day reached 458 pips.
Economic data affecting AUDUSD (by importance)
1. U.S. Fed interest rate decision 2. Economic data such as U.S. GDP
