forex signal provider AUD/USD
The AUD/USD is a currency pair that is also known as the “Aussie”. forex signal provider AUD/USD At the moment, the price of one Australian dollar is equal to 0.76 US dollars. The traders who prefer this currency pair know that how many United States Dollars they require to buy one Australian Dollar. The Australian dollar is actually a commodity currency like the Canadian Dollar or New Zealand Dollar. AUD/USD CORRELATIONS Australia is one of the biggest exporters to China. Its currency as well as economy reveals any sort of changes in the conditions in China. The overarching view is that AUD offers a lot of advantages in a portfolio containing the major currencies of the world as a result of its more prominent exposure to all the Asian economies. This relationship with the Shanghai stock trade is to be added to the link it has with gold. The AUD/USD currency pair regularly rises and falls alongside the cost of gold. In the economic world, gold is seen as a place of haven against i...