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.

Will AUDUSD change in 2023?

And the nearest future is likely to be uneventful. There are no major catalysts for either the USD or the AUD in 2023. However, many things could change in 2024. Just remember to stay updated with the news and conduct thorough research if you want to profit from trades involving AUDUSD or other assets.

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.

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.