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Australian Dollar AUD


Detailed information and fundamental factors

Central Bank: Reserve Bank of Australia

Public Debt to GDP Ratio, 2016: 46.1%

Trade Balance, 2016: -$18.8 bln.

Inflation, 2016: 1.4%

Sovereign Credit Ratings:


Supporting Factors

Major commodity exporter


High-yielding interest rates


Factors of Weakness

Domestic housing bubble

The Australian dollar is the official currency of the Commonwealth of Australia. It is often called the Aussie by Forex traders. The currency was implemented in 1966 and allowed to freely float at 1983. Australia has an export-driven economy (the mining sector represents 19% of GDP), therefore the value of the Aussie depends on commodity prices. Australia has strong trading ties with Asia, particularly China, so economic growth in that region has a particularly strong impact on Australia’s currency. The Aussie is used in carry trade because of the relatively high interest rates in Australia.

Australian Dollar News Archive

AUD Gains on USD, Falls vs. Other Major Despite Supportive Data

The Australian dollar rallied against its US counterpart but fell against other most-traded rivals during the current trading session. That is despite the strong domestic employment data and decent macroeconomic reports released from China, Australia’s biggest trading partner.

Australian Dollar Mixed After Confusing Economic Data

The Australian dollar was mixed today following confusing macroeconomic data. The currency gained on such rivals as the Japanese yen and the Swiss franc, but fell versus the euro and was flat against the US dollar.

Aussie Mixed After RBA Minutes Show No Plans for Rate Hike

The Australian dollar was little changed against some of its most-traded rivals, like the US dollar and the Japanese yen, while gained against others, like the euro and the Swiss franc, during the current trading session.

Australian Dollar Gains as China’s Trade Balance Surplus Shrinks

The Australian dollar rose today even though the trade balance report in China, Australia’s trading partner, did not look good at first glance. But in fact, the data painted a picture of a strong economy of the Asian nation, which is a good sign for the Australian economy.

Australian Dollar Extends Rally Caused by FOMC Minutes

The Australian dollar started a rally yesterday after the release of the Federal Reserve policy minutes and extended it into the Thursday’s trading session, though the currency has backed off a bit as of as now. Positive Australian macroeconomic reports helped the Aussie as well.

Australian Dollar Reverses Gains Caused by Improving Consumer Sentiment

The Australian dollar jumped today after the release of positive macroeconomic data in Australia but reversed its gains shortly afterwards and is now trading near the opening level.

Australian Dollar Rises Following Business Confidence

The Australian dollar rose today as data released over the trading session revealed that the business confidence improved last month.

Australian Dollar Trades Lower After China’s Services PMI Disappoints

The Australian dollar traded a bit lower today following the release of disappointing macroeconomic data for China.

Australian Dollar Falls Against US Peer on Weak Retail Data

The Australian dollar declined against its US counterpart on Thursday after a fresh report that showed that Australian retail sales fell behind expectations for the second month in a row. The Australian dollar also dropped against other major peers as expectations for higher interest rates decreased following today’s data.

Australian Dollar Slips after RBA & Building Approvals

The Australian dollar fell today after the Reserve Bank of Australia stood pat, leaving monetary policy without change, and building approvals rose less than was expected.