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What drives the Australian AUD's performance in 2022?
The key drivers for the AUD's performance are interest rates and inflation data and aganist the USD, which has expereinced higher interest rates and inflation compared to Australia, the AUD fell at a steady rate for most part of 2022. Data from Westpac, the Australian dollar was 0.738 cents to the US dollar in March 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".What's going on with AUDUSD in 2023?
Don't miss our 2023 AUDUSD forecast! The Australian Dollar is facing headwinds yet again against the US Dollar, as the central bank divergence theme is back in play in early 2023.What is the AUD/USD exchange rate forecast for 2025?
WalletInvestor ’s algorithm-based Australian dollar forecast for 2025 as of 20 February saw the AUD/USD exchange rate closing the year at 0.691. WalletInvestor did not give an Australian dollar forecast for 2030 – the closest forecast to that date amounted to a potential rate of 0.7048 in late February 2028.