AUD/USD is the exchange rate between the Australian dollar (AUD) and the U.S. dollar (USD). It is heavily influenced by commodity prices, interest rate differences, economic data, and global risk sentiment. Commodity Prices: Higher prices boost AUD; lower prices weaken it. Interest Rates: Higher RBA rates strengthen AUD; higher Fed rates strengthen USD. Economic Data: Strong Australian data supports AUD; strong U.S. data lifts USD. Risk Sentiment: AUD rises in risk-on markets; USD gains in uncertainty. Current Trend: AUD has dropped about 9% in 2024. A weaker AUD may delay RBA rate cuts, while U.S. policy shifts could further impact the pair. #ForexValentine