What is AUD/USD?

AUD/USD shows how many U.S. dollars one Australian dollar can buy. The first currency (AUD) is the base, the second (USD) is the quote currency.

How Forex Prices Move

Exchange rates move based on supply and demand. Interest rates, commodity prices, and global risk sentiment all influence AUD/USD.

Reading a Forex Quote

AUD/USD = 0.6523 / 0.6526

The Bid is the sell price, the Ask is the buy price. The difference is the spread.

Pip and Lot Size

A pip is usually 0.0001. Lot size defines trade size: standard (100,000), mini (10,000), micro (1,000).

What Moves the AUD/USD?

AUD is influenced by commodities like iron ore and gold. USD reacts strongly to U.S. economic data and Federal Reserve policy.

Risk Management in Forex

Leverage amplifies gains and losses. Always use stop-loss orders and manage position size carefully.

Summary

You now understand quotes, pips, lot sizes, and key drivers of AUD/USD. Practice with a demo account before trading real money.

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