UBS Projects AUD/USD to Reach 0.70 by Mid-2026
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币界网报道：UBS forecasts the Australian dollar (AUD) to strengthen against the US dollar (USD), reaching 0.70 by mid-2026, driven by expected Federal Reserve rate cuts and a rebound in commodity prices. The bank notes AUD's current undervaluation and anticipates gradual appreciation as global risk sentiment improves. UBS highlights Australia's resilient economy and potential monetary policy adjustments as key factors supporting the currency's upward trajectory. Analysts advise monitoring China's economic recovery and US inflation trends for further AUD/USD direction.
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