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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

    12 Aug 2026 • 00:25 GMT

    AUD/USD 0.7064

    Forecast snapshot

    Quick AUD/USD forecast

    Near-term bias🔴 Mild downside
    Expected range0.7060 – 0.7260
    Dominant driver🌍 Global risk sentiment
    3-month trend⚪ Range-bound

    Currently, AUD/USD is trading near its 90-day average, supported by risk sentiment turning risk-off. The pair remains within its recent 3-month range, with risk-off conditions pressuring the Aussie. Near-term conditions suggest the pair could face downward pressure if risk sentiment worsens further, holding near recent lows.

    💸 Transfer implications

    • Expats: sending money to the US may find the Australian Dollar slightly less favourable than recent levels.
    • Travellers: exchanging Australian Dollars for US Dollars might see less support for favorable exchange rates.
    • Businesses: paying US Dollar invoices in Australian Dollars could encounter slightly tougher conditions for cost-effective transfers.

    🧭 Key drivers

    • Rate gap: US interest rate expectations remain hawkish, supporting the USD.
    • Risk/commodities: Risk-off sentiment is reinforced by geopolitical tensions and US economic data, pressuring risk-sensitive FX.
    • Global factors: Equity fluctuations and global risk appetite continue to influence the pair, with safe-haven flows supporting the USD.

    ⚠️ What could change it

    • Upside risk: Improved global risk sentiment or easing geopolitical tensions could reduce USD support.
    • Downside risk: A shift to more aggressive risk aversion or a sudden deterioration in risk sentiment could see the pair fall further.

    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 =
    0.7067We compare provider deals to this wholesale mid-market rate. Read more
    USD
    1D+0.1%
    AUD to USD at 0.7064 is just above 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
    29 Jul 2026
    0.6959
    1.4% 2 Week
    14 May 2026
    0.7214
    2.2% 3 Month
    12 Aug 2025
    0.6530
    8.1% 1 Year
    13 Aug 2021
    0.7369
    4.2% 5 Year
    14 Aug 2016
    0.7654
    7.8% 10 Year
    17 Aug 2006
    0.7636
    7.6% 20 Year
    AUD/USD historic rates & change to 12-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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