Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated AUDUSD Exchange Rate, Analysis & Forecasts across one key area of our review framework.
- Outlook2.0
Pros
- Exposure to cyclical commodity cycles
- Positive trade balance
- Main technical support (0.62) affirmed
Cons
- Slowdown in Chinese economy
- Long-term downtrend
- Struggling base metal prices
See full expert review
Our verdict
The AUDUSD exchange rate is significantly effect by the commodity prices of Australia's major exports like iron ore and coal, and global risk sentiment where the AUD may appreciate during stable times but depreciate in uncertainty. For example if there is dip in Australian mining stocks, higher commodity prices can support the Australian economy and the Aussie Dollar versus the US Dollar.
Why buy AUD over USD:
Australia benefits greatly from the commodity upswings. The rise in food, metal, and energy prices has brought much-needed foreign income to the economy. However, with many fast-growing Asian economies (eg China) decelerating, Australia’s economy could be dragged down by this cyclical downswing. 24/11/23
Is AUDUSD a Buy, Sell or Hold?
[mepr-show rules=”99153″ unauth=”message”][/mepr-show]
AUDUSD Analysis & Guides
Best Forex Brokers UK 2026 Compared & Reviewed
This guide compares the best forex brokers in the UK to help you find trusted and regulated platforms for trading. Whether you’re a seasoned FX trader or just starting out, choosing the best forex trading broker is key to success in the fast-moving currency markets. ❓Methodolody Here’s how we selected the UK’s best forex brokers:
Best Forex Pairs to Trade
The best currency pairs for most traders to trade are those with good round-the-clock liquidity that are liable to trend. That is the price following a particular direction for a fixed period of time. The more illiquid currencies whose prices move erratically are less desirable, though some active short-term specialist traders known as scalpers can