What is the GBP/AUD forecast for 2025?

The GBP/AUD prediction from The Economy Forecast Agency showed the pair trading at 1.707 at the end of 2025 from 1.719 at the end of 2022, 1.744 at the end of 2023 and $1.637 at the end of 2024. Analysts have yet to issue a GBP/AUD forecast for 2030.

Did Westpac lower AUD forecast in 2022?

That same month–September 2022–Westpac’s chief economist Bill Evans released a statement saying Westpac had “lowered [its] forecast for the AUD by year’s end from USD 0.69 to USD 0.65”. On December 31, 2022, the Australian dollar was worth 68 US cents.

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 are Australia's major banks predicting in 2023?

But Australia's other major banks are a little more optimistic. Westpac is predicting the Aussie dollar to be trading at 0.69 USD in December 2023, while NAB is forecasting a 1 AUD = 0.74 USD exchange rate by the end of the year.