Forecasts

2024 AUD EUR Forecasts

The Australian dollar is facing a mixed outlook against the Euro in 2024. The Australian dollar (AUD) has struggled against the Euro (EUR) in recent months. The EUR, which is the official currency of 19 of the 27 European Union (EU) member countries, peaked above €65.6¢ in January 2023. But it then saw a consistent... Continue reading

2024 AUD NZD Forecasts

The outlook for the Australian dollar (AUD) against the New Zealand Dollar (NZD) is relatively flat in 2024. New Zealand is a relatively small country but its currency punches above its weight. The New Zealand dollar (NZD) is traded on global exchange markets far more than the country’s relative share of global GDP. Its value... Continue reading

2024 AUD GBP Forecasts

The Australian dollar (AUD) has been on a wild ride against the British Pound (GBP) in 2023 but 2024 may spell a different story. The Australian dollar (AUD) weakened considerably against the British Pound (GBP) in 2023 but it could strengthen slightly in 2024. The AUD peaked at almost 58p in February 2023, before sinking... Continue reading

2024 AUD JPY Forecasts

The Australian dollar (AUD) could be set to weaken against Japan’s Yen (JP¥) in 2024 if its central bank starts to unwind the country’s ultra-loose monetary policy settings. The Australian dollar (AUD) has traded around decade highs against Japan’s Yen (JP¥) in 2023 although the situation may be set to change as its economy begins... Continue reading

2024 AUD USD Forecasts

The value of the Australian dollar (AUD) against the US Dollar (USD) could be about to lift in 2024 after a prolonged bout of weakness. The Australian dollar (AUD) lost almost 6 per cent against the US dollar (USD) over the first nine months of 2023 thanks to rising US interest rates and China’s economic... Continue reading

2024 Australian Dollar Forecasts

Australian Dollar Forecasts for 2024 Track the Australian dollar The Australian dollar’s (AUD) performance will be driven by a diverse range of factors in 2024. The Australian dollar (AUD) is one of the most heavily traded currencies in the world, with its value influencing the decisions of individuals, businesses and government. Exchange rates are notoriously... Continue reading

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