AUD/USD on Track to Rise to 0.70 This Year -- Market Talk

Dow Jones01-15 10:40

0240 GMT - AUD/USD appears likely to rise toward 0.7000 by the end of this year, supported a widening interest rate differential with the U.S., says Peter Dragicevich, currency strategist at Corpay. Sturdy domestic conditions and lingering inflation pressures mean interest rate increases are back on the agenda at the Reserve Bank of Australia, while the Fed is likely to be cutting, he adds. Policy divergence with the Fed and rising yield differentials could provide medium-term support for the pair, he says. Improving the U.S.-China trade relations and greater internally focused stimulus measures in China should also support the pair, he says. AUD/USD is at 0.6680. (james.glynn@wsj.com; X @JamesGlynnWSJ)

 

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January 14, 2026 21:40 ET (02:40 GMT)

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