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.

What is the EUR/AUD forecast for 2030?

Wallet Investor did not give an EUR/AUD forecast for 2030. Meanwhile, Cingari held a bearish view for the euro in the near-term, noting: “To see a strengthening of the euro in the coming months, it is not sufficient for the ECB to be willing to raise interest rates to combat inflation.

Why has the Aud risen so much in 2023?

From a record low of 0.10% in April 2022, the Reserve Bank has made regular increases to the official cash rate, which sits at 4.10% as of October 2023. Interest rate hikes tend to increase foreign investment demand for the AUD, which helps drive the value of the Aussie dollar higher. Inflation.

Will the AUD/EUR rate stabilise in 2022?

Russia's invasion of Ukraine meant that 2022 was a volatile year for Europe, and the Australian dollar gained ground on the euro. However, economists are expecting the AUD/EUR rate to stabilise throughout the rest of 2023.