What happened to the AUD/USD in 2022?

The AUD/USD experienced some volatile trading in 2022, but it was mostly pointing downward. The Australian dollar’s value versus the US dollar continued its downward trajectory into 2022, but its appreciation in the last two months of 2022 narrowed its losses. As of 6 January 2023, the AUD/USD was trading around 0.6741.

What is the AUD/USD forecast for 2025?

In its AUD/USD forecast for 2025, it expected the forex pair to reach 0.695 in December 2025, rising to 0.7053 by January 2028. Wallet Investor did not provide an AUD/USD forecast for 2030.

Will AUD/NZD rise in value in 2022?

However, Citibank expects the aussie to fall against the US Dollar to 0.71 over the coming 6 -12 months. Westpac forecast that AUD/NZD will stay at approximately the same level that it is now, across 2022. Analysts at NAB predict that the Australian Dollar will rise in value against the New Zealand Dollar, reaching 1.08 by the end of 2022.

What does AUD/USD mean?

The result is a price corridor, usually enveloping the weekly close price from above and below, and serves as a measure of volatility. The AUD/USD pair tells the trader how many US dollars (the quote currency) are needed to purchase one Australian dollar (the base currency). This currency pair is also known as the "Aussie".