The Australian Dollar/U.S. Dollar (AUD/USD) indicates how many U.S. dollars are needed to buy 1 Australian dollar.

The Australian Dollar/U.S. Dollar (AUD/USD) indicates how many U.S. dollars are needed to buy 1 Australian dollar. The Australian dollar has become one of the favorites of traders in recent years. The commodity market that has prospered for decades once pushed the AUD/USD exchange rate to an all-time high. Traders are also often attracted to the AUD/USD interest rate differential, as traders earn overnight interest while profiting from being long the AUD/USD exchange rate.

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Post time: Mar-18-2023