Australian Dollar (AUD) Shows Promise of Breaking Above 0.7000 Against US Dollar (USD) - Expert Analysis
Wednesday, 6 March 2024, 15:22
AUD/USD Prospects Overview
The Australian Dollar (AUD) showed a modest weakening trend against the US Dollar (USD) in February, slipping from 0.6596 to 0.6503.
Key Forecast
Expert analysts at MUFG anticipate a potential surge in the AUD/USD pair, with the possibility of a breakthrough above the critical level of 0.7000.
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.