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- AUD/USD to end 2024 around 0.7200, further appreciation through 2025 – NAB
AUD/USD to end 2024 around 0.7200, further appreciation through 2025 – NAB
Economists at the National Australia Bank still expect AU/USD to trend higher. However, they have pushed out their forecasts for the Aussie by a quarter.
AUD/USD still expected to appreciate
We have pushed out our forecasts for AUD/USD by a quarter, now expecting the Aussie to end 2024 around 0.7200.
We continue to see a further appreciation through 2025 with the AUD/USD pair reaching 0.7800 by Q4.
See:
- AUD/USD could struggle to trade consistently above 0.7000 – ING
- AUD/USD to maintain positive momentum – Commerzbank
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