What moves the Aussie.
- Reserve Bank of Australia rate decisions.
- Iron ore and other commodity prices.
- Chinese economic data, since China is a major trading partner.
- General risk appetite in global markets.
When to trade it.
Liquidity is good in the Asian session and again during the London–New York overlap.
Correlations.
AUD/USD often moves with NZD/USD and with risk assets. Holding both at full size doubles your exposure to the same idea.
FAQ