National Australia Bank Predicts AUD/USD to Continue on Uptrend
NAB Economists Forecast Further Appreciation for AUD/USD
Economists at the National Australia Bank have made a bold prediction, expecting the AUD/USD currency pair to strengthen in the coming years. The forecast projects the pair to end around 0.7200 by the close of 2024 and continue its uptrend through 2025.
Potential Gains for Investors and Traders
This projection signals potential profit opportunities for market participants looking to capitalize on the appreciation of the Australian dollar relative to the US dollar. Investors and traders may consider strategizing based on this positive outlook for the currency pair.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.