What are the most up-to-date forecasts for the Australian dollar?

Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts: Since June 2022 the Australian dollar has been falling against the US dollar. For the rest of 2022, most of the economists are expecting a minor rebound to 75 cents, before trending sideways in the new year.

What factors affect Australian dollar forecasts?

Keep these types of factors in mind when reviewing Australian dollar forecasts. Oil, gold, iron ore, uranium, nickel and coal are heavily influential on GDP, and the demand for these resources by China and India, in particular, may affect the AUD exchange rate and forecasts.

What factors affect the value of the Aud?

Increases in demand for commodities can drive the value of the AUD up, but falling prices can have a negative effect. Farming. Agriculture is another important driver of the Australian economy and made up 11.6% of the nation's goods and services exports in 2021-22.

How will the Aud perform in the future?

It's extremely difficult to predict how any currency pair will perform in the future. Inflation, interest rate hikes and the threat of a recession all have the potential to impact currency values here and overseas, while economic developments in China can also have a significant effect on the AUD's performance.