24/03/2025
March 24,2025
GP News! 📰😄
AUD to Rise 8.4%, Eyes 0.68 by Year-End
Supported by RBA’s high rates and China’s stimulus, the AUD is set for its first annual gain since 2020. Westpac and BofA forecast 0.68 by December and 0.65 by June. A weakening USD due to U.S. trade policy uncertainty may further lift the AUD. However, Trump’s new tariffs in April could trigger short-term volatility, with the AUD possibly dipping below 0.62 before rebounding.