AUD/USD

About AUD/USD

AUD (Australian dollar)
Currency unit of the Commonwealth of Australia including Christmas Island, the Cocos Islands and Norfolk Island as well as independent Pacific countries such as Karibati, Nauru and Tuvalu. It belongs to a group of commodity currencies.
Issued by: Reserve Bank of Australia
Price dynamics mainly depends on oil prices, interest rates of the Reserve Bank of Australia, inflation and growth rates of the Australian economy.

USD (US dollar)
Currency unit of the United States of America, Salvador and Marshall Islands. The world’s main reserve currency.
Issued by: Federal Reserve System (Fed)
Price dynamics depends on the interest rates of Fed, inflation and growth rates of the USA.