AUD/USD - Forex Glossary | ForexCracked
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Currency & Pairs Beginner

AUD/USD

Also called: AUDUSD, Aussie

Australian Dollar vs US Dollar — commodity currency, heavily correlated with iron ore and Chinese demand.

01

Definition

AUD/USD (‘Aussie’) is the classic commodity-currency proxy and a high-beta risk asset. Strong when Chinese growth and commodities are buoyant, weak when global growth disappoints.