2022 Australian Dollar (AUD) Forecasts
This article looks at what the banks are predicting for the Australian dollar (AUD) over the long term in 2022.
AUD to USD
The Australian Dollar Sinks to It’s Lowest Point this Year
This week, the AUD/USD fell below 76 cents for the first time in 2021. The main driver of the exchange rate seems to be a US Dollar that is getting stronger. But is now a good time to buy Australian Dollars? Here comes the greenback The recent move lower has been on the back of the US dollar (also known as the greenback). The US Dollar has gotten stronger against most other currencies including the Australian dollar. This has caused the AUD/USD to fall. So why is the US Dollar getting stronger? The US economy is flying. Thanks to […]
2021 AUDUSD Dollar Forecasts
The Australian dollar against the US dollar exchange rate (AUDUSD) changes every second. This article shares bank forecasts to help you predict changes in the AUDUSD rate. The 2022 Forecasts for the AUD to USD are out now With most of 2021 out of the way, attention turns to 2022. Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts:
Australian Dollar Forecasts
Australian dollar exchange rates and forecasts change all the time. This article looks at bank predictions and is updated regularly. The 2022 Australian dollar Forecasts are out now With most of 2021 out of the way, attention turns to 2022. Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts:
Why the Australian Dollar Could Hit 80 cents this Year
Since March 2020, the Australian dollar has been on a march towards 80 cents agains the US dollar. In the first week of 2020, it reached 0.7816 before easing off. Despite the recent drop, many economists are predicting the Australian dollar (AUD) to reach and move above 80 US cents this year. Here’s why: Massive Chinese demand for Australian commodities like iron ore A stronger than expected recovery in the Aussie economy A falling US dollar Let’s have a look at each of them in a little more detail. China is on the move The coronavirus hit every economy hard […]
2021 Australian Dollar forecasts upgraded as the AUD soars to new highs
Two of Australia’s big banks have upgraded their forecast as the AUD/USD exchange rate hit a fresh 2 and a half year high above 76 cents. The National Australia Bank now expects the Australian dollar to move up to between 80 and 85 cents in the back half of next year. Westpac also increase their prediction for the AUD with a forecast of 82 cents by the end of 2021. Why the Australian dollar is rising There are a dozens of reasons why the Aussie dollar has been getting stronger. These include: Rising commodity prices like iron ore The […]
