BITPRISMIA
Bank of America forecasts a continued uptrend for AUD/USD, driven by a weak US jobs report and a dovish outlook for US monetary policy, while the Australian economy remains robust.
Bank of America recommends buying AUD/USD based on an optimistic China growth outlook, highlighting the currency pair's sensitivity to global trade dynamics and commodity prices.
UBS forecasts the AUD/USD exchange rate to reach 0.70 by mid-2026, driven by factors such as commodity price dynamics, interest rate differentials, global growth, and risk sentiment.