While AUD/USD is the most common entry point, other AUD pairs enable traders to express a more specific market view. Selecting the right pairing depends on which fundamental driver you expect to impact the Australian dollar.
Image: AUD Forex Pairs List
A standard forex list covers a wide range of AUD pairs, including AUD/JPY, AUD/NZD, AUD/CAD, AUD/CHF, AUD/SGD, EUR/AUD and GBP/AUD. Each one isolates the AUD against a different economy.
AUD/JPY for risk sentiment
The Japanese yen typically strengthens when market sentiment turns fearful, while the AUD tends to weaken. This dynamic makes AUD/JPY one of the clearest gauges of global risk appetite.
Image: AUD/JPY Daily Chart
The chart depicts AUD/JPY rallying from around 101 in December to above 114 by March. It subsequently spent most of the year trading within a range between roughly 111 and 115.
The pair has since dropped toward 110, testing the lower edge of that range in early October. A clean break below 109 would signal that risk appetite is fading. For a deeper look at this pair, AUD/JPY suits your trading style.
AUD/NZD for a purer RBA trade
Australia and New Zealand operate with similar economic structures, so many global factors cancel out. That leaves the pair driven mostly by the gap between the RBA and the Reserve Bank of New Zealand.
EUR/AUD and GBP/AUD for European views
These pairs let you trade the AUD against Europe rather than the US. They can be useful when the US dollar is moving on its own story and you want to avoid that noise.
AUD/CAD for commodity comparisons
Both currencies are commodity-linked, but Canada leans on energy while Australia leans on metals. When oil and iron ore diverge, this pair often reflects it.