Ian Cragg Ian Cragg

Send Payments Weekly trading update.

Send Payments weekly trading update.

In The News 🌏 Market Conditions and what to look out for this week 🗓️

AUD

  • The Australian Dollar (AUD) is expected to strengthen against the Euro, Pound, and U.S. Dollar through 2025, according to Westpac, a major Australian lender.

  • Westpac predicts the AUD will rise due to improving global sentiment and the Reserve Bank of Australia (RBA) maintaining a firm stance on inflation.

  • Luci Ellis, Chief Economist at Westpac Group, believes that the RBA will not cut the cash rate until inflation is sustainably within the 2–3% target range.

  • Australia's Consumer Inflation Expectations eased to 4.4% in September, slightly down from the four-month high of 4.5% in August.

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