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".

Is the AUD/USD exchange rate in agreement with the Big Four?

Other banks in the Big Four were in agreement, with Westpac forecasting the AUD/USD exchange to reach 0.70 by June 2023. That view was optimistic, with the exchange rate coming in at 0.66 as of July 7. In July, the Australian dollar steadied around $0.667 despite the RBA voting to hold the cash rate steady at its July Board meeting.

What is the EUR to AUD forecast for May 2026?

EUR to AUD prediction for May 2026. In the beginning at 1.783 Australian Dollars. Maximum 1.808, minimum 1.757. The averaged exchange rate 1.783. EUR to AUD forecast at the end of the month 1.783, change for May 0.0%. Euro to Australian Dollar forecast for June 2026. In the beginning at 1.783 Australian Dollars. Maximum 1.835, minimum 1.783.

Will ANZ's AUD/USD exchange rate rise by June 2023?

Zaman notes that ANZ expected the Australian dollar would appreciate towards the middle of the year. Other banks in the Big Four were in agreement, with Westpac forecasting the AUD/USD exchange to reach 0.70 by June 2023. That view was optimistic, with the exchange rate coming in at 0.66 as of July 7.