Australian Dollar Forecast

The Australian Dollar is amongst the top picks at Morgan Stanley for 2025.

The Pound and Australian Dollar are evenly matched, but we could see the Aussie eke out some gains this week.

GBP/AUD is forecast to maintain an upward bias in the coming five days. Risks include UK and Aussie labour market data releases and U.S. inflation midweek.

We would expect a big decline in the Pound to Australian Dollar exchange rate (GBP/AUD) if Kamala Harris wins the U.S. Presidential election.

GBP/AUD has started to build some tentative upside momentum and we think this can extend in the coming week.

The Pound to Australian Dollar exchange rate (GBP/AUD) is supported, but there is limited prospect of a sizeable appreciation in the near future.

The Pound is richly valued against the Australian Dollar and could fall.

GBP/AUD is forecast to probe the upper end of a short-term range in the coming days, thanks in part to disappointment over weekend events in China.

Now is the time to sell Australian Dollars, according to a new strategy note from Danske Bank.

The Australian Dollar is one of the better performing major currencies thanks to hopes of a Chinese economic revival. But it could suffer a setback this week as embedded expectations are challenged.

The Pound and Australian Dollar are both outperformers in the current environment, which is flattening volatility in GBP/AUD.

We forecast the Pound to struggle against the Australian Dollar in the week ahead owing to the strong likelihood that the Federal Reserve will cut interest rates by 50 basis points.

The Australian Dollar is predicted to strengthen against the Euro, Pound and U.S. Dollar over the next few months and through 2025, according to a major Australian lender.

The Pound to Australian Dollar exchange rate (GBP/AUD) is forecast to break above a key resistance line in the coming week amidst falling commodity prices and soft investor sentiment.

Thursday's speech by Reserve Bank of Australia Governor Bullock is the main event out of Australia this week. However, it will be a U.S. jobs report that will determine where Friday's close is recorded.

The Australian dollar should manage to eke out further advances, with the help of a supportive central bank, but the process will be slow as China remains a constraint.

The Pound and Australia are two of the FX market's outperformers, which has left the GBP/AUD exchange rate tracking a sideways trend.

The Pound to Australian Dollar exchange rate can undergo a decent pullback in the coming days as it corrects from heavily overbought conditions.

Should global investor sentiment deteriorate further in the coming days, there is a good chance that GBP/AUD will make a run for 2024 highs at 1.9570.

A major investment bank has said it thinks the Australian Dollar can continue its streak of outperformance.