United States Dollar / Australian Dollar

The “Majors'' is the name of a set of world currency pairs that are most actively traded. The Australian dollar and the US dollar are two currencies that belong in that group. The AUD/USD pair rose to prominence over the years because of what was once a significant interest-rate difference between the two currencies, with the AUD enjoying low interest rates and extreme stability through rough periods for the US dollar. However, those marked differences have decreased over time as the global nature of the world’s economy has meant that most nations suffer economic setbacks at the same time. Still, the AUD/USD is actively traded.