2022 AUD JPY Dollar Forecasts
This article looks at what the banks are predicting for the AUD to JPY exchange rate over the long term in 2022.
2022 AUD EUR Dollar Forecasts
This article looks at what the banks are predicting for the AUD to EUR exchange rate over the long term in 2022.
2022 AUD GBP Forecasts
This article looks at what the banks are predicting for the AUD to GBP exchange rate over the long term in 2022.
Inflation, Interest Rates and the Australian Dollar: How they are all connected
This week, the Australian dollar moved higher after recently released figures showed that inflation was on the rise. In fact, across the globe, exchange rates have been adjusting recently to higher than expected surges in inflation. But why does inflation change the value of the Australia dollar? Well, it’s because inflation and expectations of inflation have a direct influence on interest rates. Interest rates in turn, have a big impact on the value of a currency. This makes inflation, interest rates and the Australian dollar all connected. According to the Reserve Bank of Australia (RBA), inflation is: An increase […]
The Australian Dollar rises above 75 cents as inflation increases
The AUD to USD exchange rate rose above 75 cents for only the second time since the end of July. At 12:50pm, the CPI or inflation data was released. It showed that prices in Australia are rising faster than previously forecasted. Here are some of the key points: Consumer prices rose 0.8 per cent during the September quarter (July, August and September). Prices are 3% higher than a year earlier. The increase was largely because of fuel which increased 7.1% and rising house prices which increased 3.3%. Interest rates are one of the big drivers of Australian dollar. Right […]
Heading to Japan? The AUD to JPY just hit a 3 year high
This week, the AUD to JPY exchange rate has risen to its highest level in over 3 years. It has been a tale of 2 stories. Firstly, the Australian dollar has been getting stronger against many major currencies. Secondly, and more importantly, the Japanese Yen has been much weaker. This means that it is now one of the best times to buy Japanese Yen with Australian Dollars in 2021. The Japanese yen has fallen in recent weeks, not just against the Australian dollar but against most other major currencies like the US dollar and Euro. Higher energy prices have driven […]
