Australia (AUD, Dollar) Currency FX Analysis
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Australia SWOT Statistics
Currency Strength Survey
Australia Economic News
Australia was the 13th largest national economy by nominal GDP and represented about 1.7% of the World economy in 2009. The main sector of Australia's economy is its service sector, which represents 68% of GDP. Australia’s agricultural and mining sectors comprise of about 10% of GDP and account for 57% of the nation's exports. Australia is rich in natural resources such as coal, iron ore, copper, gold, natural gas, uranium, as well as, renewable energy sources. The country was ranked second in the United Nations 2009 Human Development Index and sixth in The Economist worldwide quality-of-life index 2005.
Dollar Currency Analysis Update
Australia (AUD) has a highly productive, capitalist economy with an emphasis on commodity exports, especially to Asia. Australia's Fundamental Currency Analysis (short term investment): Australia’s currency is moderately undervalued with high investment flow potential and negative purchase price parity. Australia's Value Investor Survey (short term investment): Australia’s economic environment is very favorable for long term economic growth due to high scores on economic freedom and economic diversity. Australia's Currency Trading Strategy: An undervalued currency, negative investment flow potential, but favorable business environment leads to a positive outlook for Australian investments.