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    AUD to USD Forecast & Outlook

    Latest AUD to USD forecasts including bank predictions, key market drivers and recent trends for AUD/USD. See where analysts expect the pair to move and the factors likely to influence it.

    AUD to USD Forecast & Outlook

    03 Aug 2026 • 00:24 GMT

    AUD/USD 0.7047

    Forecast snapshot

    Quick AUD/USD forecast

    Near-term bias🔴 Mild downside
    Expected range0.7050 – 0.7260
    Dominant driver🌍 Global risk sentiment
    3-month trend🟢 Uptrend

    Currently, AUD/USD is trading close to 0.705, holding near its 90-day average, and near recent highs within a narrow 3-month range. Risk-off conditions driven by geopolitical tensions and energy prices support the USD, putting downward pressure on the AUD. Near-term, the pair may remain supported by risk sentiment, but the prevailing global risk-off tone suggests a weaker bias in the coming sessions.

    💸 Transfer implications

    • Expats: sending money to the US might find current levels slightly less favourable if the pair weakens further.
    • Travellers: buying USD cash or loading currency cards may experience less advantageous rates if the AUD softens.
    • Businesses: paying overseas USD invoices using AUD could see higher costs if the pair declines.

    🧭 Key drivers

    • Rate gap: The Federal Reserve’s hawkish stance continues to support the USD, widening the rate differential.
    • Risk/commodities: Geopolitical tensions and energy prices underline a global risk-off environment, pressuring risk-sensitive currencies.
    • Global factors: Global economic signals and the Australian CPI release are influencing the pair’s movements.

    ⚠️ What could change it

    • Upside risk: A shift in global risk appetite or a pause in USD strength could support the AUD.
    • Downside risk: Further escalation in geopolitical tensions or energy prices might amplify USD demand, pushing the AUD lower.

    Sharing the current market conditions, shopping around for the lowest margin provider may help reduce overall transfer costs.

    AUDUSD Bank Forecasts to end of the year

    The AUD/USD outlook to the end of the year reveals a mixed perspective among major banks. OCBC has expressed a bullish stance, raising its forecast to 0.73 due to expected hawkishness. In contrast, J.P. Morgan anticipates a more subdued range of 0.66–0.70, while NAB projects a close of around 0.70, considering the RBA's stance on inflation. These forecasts suggest a generally optimistic view for the AUD, though tempered by potential volatility.

    Big bank views

    • OCBC forecasts AUD/USD at 0.73 by end-2026, revised from 0.69.
    • J.P. Morgan Private Bank expects a range of 0.66–0.70 over 6–12 months.
    • NAB anticipates the AUD/USD to be near 0.70 by year-end.

    What could change the outlook

    • Any shifts in the Federal Reserve's interest rate policy could impact USD strength, thereby influencing the AUD/USD pair.
    • Developments in global equity markets, particularly the tech sector, might alter investor sentiment towards the AUD.

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    AUD/USD exchange-rate comparison Compare rates and typical FX costs

     
         

    Rate direction

    AUD to USD market data

    Australian dollar (AUD) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

    Sell AUD   →   Buy USD
    1 AUD =
    0.6995We compare provider deals to this wholesale mid-market rate. Read more
    USD
    1D+0.5%
    AUD to USD is at 30-day highs near 0.7047, near its 3-month average, having traded in a quite stable 5.4% range from 0.6887 to 0.7258
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    Will the Australian dollar rise against the US dollar?

    This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Australian dollar vs US dollar current value is to look the AUD/USD historic rate and change over a range of periods.

    The following table looks at the change in the AUD to USD exchange rate over periods from the previous week back to the last 10 years.

    DateAUD/USDChangePeriod
    20 Jul 2026
    0.7001
    0.4% 2 Week
    05 May 2026
    0.7202
    2.4% 3 Month
    03 Aug 2025
    0.6469
    8.7% 1 Year
    04 Aug 2021
    0.7382
    4.8% 5 Year
    05 Aug 2016
    0.7621
    7.8% 10 Year
    08 Aug 2006
    0.7609
    7.6% 20 Year
    AUD/USD historic rates & change to 03-Aug-2026

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add AUD/USD to your personalised Rate Tracker to track and benefit from currency movements.

     
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