RBA Projects Growth to Return to 2% for AUD/USD in 2025, BBH Foresees
According to BBH’s FX analysts, the Australian Dollar (AUD) appears to be gaining strength amidst weakness in the US Dollar (USD). The analysts expect growth to return to its trend rate of 2% by 2025, which will likely influence AUD/USD exchanges positively.
As market conditions shift, traders should pay close attention to economic indicators that could impact currency valuations. A return to growth at 2% signifies potential stability for the Australian economy, positioning the AUD favorably against its domestic and international peers.