The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru and Tuvalu.
The Australian dollar is currently the sixth-most-traded currency in the world foreign exchange markets behind the US dollar, the euro, the yen, the pound sterling, and the Swiss franc, accounting in 2007 for approx. 3.3% of worldwide daily foreign-exchange turnover.
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More currencies Australia, Dollar The Australian Dollar is the currency of Australia. Our currency rankings show that the most popular Australia Dollar exchange rate is the USD to AUD rate. The currency code for Dollars is AUD, and the currency symbol is $.
Australian Dollar accounts for a higher portion (6.7% versus 4.2%) of forex turnover than the Canadian Dollar, according to the most recent data, which means that the AUD wins the liquidity battle as well.
The Australian dollar recouped losses on Wednesday after a report that Chinese exports grew at a scorching pace of 50 per cent in May gave the currency a late boost.
Australian dollar is a popular currency with investors seeking to take advantage of the growing global need for resources. Another factor that investors appreciate about Australia is the government's policy to discourage intervention in the foreign exchange markets.
For many traders out there, trading the Australian Dollar is just like trading gold. Australia is one of the world's largest producers of gold and it exports comprise over 50% of commodities, including precious metals.
At 7am local Sydney time, the Australian dollar was trading at $US0.9565, up more than one US cent from Friday's close of 0.9434. This means imports like electronics and other products from overseas are cheaper.
SYDNEY/WELLINGTON, June 10 (Reuters) - The Australian dollar jumped on Thursday as strong domestic jobs data eased worries the economy was faltering, while the New Zealand dollar was firm on bets... Reuters Finance News, Australia - Thursday June 10, 2010, 1:00 pm AUD/USD Classical 06.
HONG KONG (MarketWatch) - The Australian dollar gained in Asian trading Wednesday, bolstered by the Reserve Bank of Australia's move to lift interest rates 0.25 percentage point to 6%.
Why the Australian Dollar is so Great - The monetary unit of the country of Australia is known as the Australian dollar or the AUD.
The Australian dollar (AUD) is the official currency of the Commonwealth of Australia. It has been in use since February 14, 1966.
An Australian Dollar Play on China’s Growth Tony Daltorio, The Investment U Research Team Despite the continuing negative sentiment toward China from much of Wall Street, China’s remarkable economic growth continues unabated.
At 1700 AEST on Thursday, the Australian dollar was trading at $US0.8385/87, up from Wednesday's close of ...
* Australian Dollar to Fall as Fundamental Outlook Turns Negative DFX Jun 7th, 2010, 20:35 - Length: 4945 * Global fears drive shares, dollar down ABX Jun 7th, 2010, 18:49 - Length: 1120
Australian Dollar)• KRW to AUD Exchange Rates (Korean Won to Australian Dollar)• LTL to AUD Exchange Rates (Lithuanian Litas to Australian Dollar) Exchange rates• LVL to AUD Exchange Rates (Latvian Lats to Australian Dollar)• MXN to AUD Exchange Rates (Mexican Peso to Australian Dollar)•
On the other side of the world, the Australian dollar received a nice lift on the day. The currency rose to as high as 0.8460 against the US dollar following an employment report that showed actual job growth.