AUDUSD is a currency pair that represents the value of the Australian dollar against the US dollar.

The Australian dollar, issued in Australia, holds a notable share of the foreign exchange market. According to the 2022 BIS Triennial Central Bank Survey, it is the sixth most traded currency globally. Australia is percieved to have strong economic ties with China, and the Australian dollar may experience fluctuations in response to Chinese economic indicators and related factors.

The US dollar, issued by the United States, is circulated worldwide and holds the largest share in global foreign exchange. The 2022 BIS Triennial Central Bank Survey states that currency pairs involving the US dollar account for 88.4% of all currency trading. Additionally, many countries adopt the dollar-peg system, meaning their currencies are tied to the value of the US dollar. According to the 2022 IMF report, 37 countries and regions use the dollar-peg system, accounting for approximately 20% of IMF member states.