Australian Dollar Forecast 2024: Strengthen to 0.70 by 2025 say BNP Paribas, Rabobank

Australian Dollar Forecast 2024: Strengthen to 0.70 by 2025 say BNP Paribas, Rabobank
December 21, 2023 – Written by Ben Hughes

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Australian Dollar Exchange Rates Take Advantage of Easier Financial Conditions, GBP/AUD Hits 5-Month Lows

Expectations of Federal Reserve rate cuts during 2024 have been crucial in boosting the Australian dollar, especially with expectations that the Reserve Bank of Australia will be slow in relaxing monetary policy.

The Australian dollar to US Dollar…
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