- AUD/USD to trade at 0.65 by year-end – ANZ
Notícias do Mercado
27 setembro 2023
AUD/USD to trade at 0.65 by year-end – ANZ
Since mid-July, AUD/USD has declined by 6% from above 0.68 to 0.64, setting a year-to-date low of 0.6357 on 6 September. Economists at ANZ Bank analyze Aussie’s outlook.
Upside ahead
We think developments in China (and the RMB), along with the USD, are key drivers of the AUD in the near term.
We also expect commodity prices to have a larger impact on the AUD with rising energy prices. If these elevated energy prices are sustained, this will likely be supportive for Australia’s terms of trade and may dampen some of the negative impact from a resilient USD and a weak RMB.
We expect the AUD to be at 0.65 by year-end.
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal