What is the best broker for AUD/USD trading?
Exness and Axi offer 0.0 pip spreads on AUD/USD via raw/ECN accounts. Both brokers have strong ASIC-regulated entities, making them particularly popular with Australian traders.
How do commodity prices affect AUD/USD?
Australia is a major exporter of iron ore, coal, and gold. Rising commodity prices typically strengthen AUD, pushing AUD/USD higher. China's economic health is also a key driver, as it is Australia's largest trading partner.
How does the RBA affect AUD/USD?
Reserve Bank of Australia interest rate decisions are the primary AUD driver. Hawkish RBA policy (rate hikes or hawkish tone) strengthens AUD. Dovish signals or rate cuts weaken the currency versus USD.