correlation between gold and audusd pair, page-15

Sure thing, a dollar increase in gold on average 70% of the time from 1990-2007 will increase monthly average aud/usd by 10 pips. This is very small.

More significant impact is interest rates and gdp. Rate increase will increase monthly average by half a cent.
GDP increase will on average increase monthly dollar by 2.5 cents.
Noting that this is the monthly average so half the results will be above and half will be below, possibly take a conservative target of 0.75 - 1% on rates changes.

Note this doesnt take into consideration US Fed. rate changes once i get the data for that we'll see a new ball game :)