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AUD/USD

Australian Dollar vs. U.S. Dollar

The Aussie has become a favored currency among traders as of late. After a multi-decade commodities-boom gave the Australian Dollar its highest rates against the US Dollar, traders were sometimes lured by the interest rate contrast in the pairing. This permitted traders to earn rollover amounts, while also profiting from a large bull-run in the pair. However, change appears to be in the air, as economic struggles in China, along with bear markets in several commodities, including metals, have developed a more cloudy future for Australia's financial outlook.