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  • DailyFX Guide EN 2023 Q3 AUD

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    Alvin Nyaga
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    The Australian dollar is forecast to weaken against the US dollar in Q3 2023 as the Reserve Bank of Australia is expected to continue raising interest rates at a slower pace than the Federal Reserve. Inflation in Australia is predicted to peak but remain elevated, keeping pressure on the central bank. The AUD/NZD cross is seen trading in a narrow range around 1.08 as the RBA and Reserve Bank of New Zealand follow similar monetary policy paths.

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    DailyFX_Guide_EN_2023_Q3_AUD

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    The Australian dollar is forecast to weaken against the US dollar in Q3 2023 as the Reserve Bank of Australia is expected to continue raising interest rates at a slower pace than the Federal Reserve. Inflation in Australia is predicted to peak but remain elevated, keeping pressure on the central bank. The AUD/NZD cross is seen trading in a narrow range around 1.08 as the RBA and Reserve Bank of New Zealand follow similar monetary policy paths.

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    Download as PDF, TXT or read online from Scribd
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    9 views9 pages

    DailyFX Guide EN 2023 Q3 AUD

    Uploaded by

    Alvin Nyaga
    The Australian dollar is forecast to weaken against the US dollar in Q3 2023 as the Reserve Bank of Australia is expected to continue raising interest rates at a slower pace than the Federal Reserve. Inflation in Australia is predicted to peak but remain elevated, keeping pressure on the central bank. The AUD/NZD cross is seen trading in a narrow range around 1.08 as the RBA and Reserve Bank of New Zealand follow similar monetary policy paths.

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    of 9

    AUSTRALIAN

    DOLLAR
    FORECAST:
    Q3, 2023
    DANIEL MCCARTHY, STRATEGIST
    AUSTRALIAN DOLLAR FORECAST: Q3, 2023

    DailyFX Research Team

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    Range Trade - AUD/NZD ......................................................................................................................... 7

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    www.dailyfx.com 2
    AUSTRALIAN DOLLAR FORECAST: Q3, 2023

    DailyFX Research Team

    www.dailyfx.com 3
    AUSTRALIAN DOLLAR FORECAST: Q3, 2023

    DailyFX Research Team

    www.dailyfx.com 4
    AUSTRALIAN DOLLAR FORECAST: Q3, 2023

    DailyFX Research Team

    www.dailyfx.com 5
    AUSTRALIAN DOLLAR FORECAST: Q3, 2023

    DailyFX Research Team

    www.dailyfx.com 6
    AUSTRALIAN DOLLAR FORECAST: Q3, 2023

    DailyFX Research Team

    Range Trade - AUD/NZD

    www.dailyfx.com 7
    AUSTRALIAN DOLLAR FORECAST: Q3, 2023

    DailyFX Research Team

    www.dailyfx.com 8
    AUSTRALIAN DOLLAR FORECAST: Q3, 2023

    DailyFX Research Team

    www.dailyfx.com 9

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