United States Dollar / Australian Dollar
USDAUD
1.39622
AUD
-0.01
(-0.40%)
Market Open
Yesterday
1.40243
Open
1.40249
Days's Range
1.39121 - 1.40475
News
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Market Roundup: What Happened Yesterday and What Awaits Us Today (April 29):
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Market Roundup: What Happened Yesterday and What Awaits Us Today (April 27)
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Dollar Holds Firm as Geopolitics and Yields Support Safe-Haven Demand
The “Majors'' is the name of a set of world currency pairs that are most actively traded. The Australian dollar and the US dollar are two currencies that belong in that group. The AUD/USD pair rose to prominence over the years because of what was once a significant interest-rate difference between the two currencies, with the AUD enjoying low interest rates and extreme stability through rough periods for the US dollar. However, those marked differences have decreased over time as the global nature of the world’s economy has meant that most nations suffer economic setbacks at the same time. Still, the AUD/USD is actively traded.