Australian Dollar / US DollarAUD/USD

AUD/USD shows how many US dollars one Australian dollar is worth. The Australian dollar is considered a 'commodity currency' because Australia is a major exporter of iron ore, coal and gold, so the pair often tracks commodity prices and the health of the Chinese economy. Its price also reflects the interest-rate gap between the Reserve Bank of Australia and the US Federal Reserve, and overall risk appetite. It is most active during the Sydney and Asian sessions. Trade with a clear risk plan, as leverage magnifies both gains and losses.