Frequently Asked Questions
What is the pip value for AUD/USD?
One standard lot (100,000 units) on AUD/USD has a pip value of approximately $10.00. The minimum price increment (tick) is 0.00001. A pip is typically the fourth decimal place for this pair, meaning 1 pip = 0.0001 for most pairs.
What time is AUD/USD most active?
AUD/USD sees its highest trading volume during the Sydney and Tokyo sessions. As a major pair, it maintains good liquidity throughout all sessions, but activity peaks when both base and quote currency markets are open simultaneously.
What economic events affect AUD/USD most?
The most impactful events for AUD/USD come from the AUD and USD economies. US releases — non-farm payrolls, CPI, FOMC rate decisions, and GDP — are among the most market-moving events globally. A surprise in any of these can shift the pair 50–100 pips within minutes. RBA cash rate decisions and the accompanying statement drive AUD pairs. Chinese economic data — PMIs and industrial production — often have an outsized effect since China is Australia's largest trading partner. The upcoming events section above lists the specific releases scheduled in the next two weeks.