Bank of America sees AUD/USD falling to 0.63 in Q1 2026 on China weakness - Investing.com
AUD/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Goldman Sachs | Bullish | 0.7000 |
MUFG | Bullish | 0.7000 |
J.P. Morgan | Bullish | 0.6800 |
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Bank of America sees AUD/USD falling to 0.63 in Q1 2026 on China weakness Investing.com
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The desk advocates a bearish stance on GBP/AUD, targeting a move to 1.9720, as outlined in the recent commentary from Bank of America. This perspective is underpinned by the anticipated divergence in monetary policy between the Bank of England and the Reserve Bank of Australia, which is expected to favor the Australian dollar in the coming months. Per the full note, the current market dynamics suggest a weakening of the pound against the Aussie, driven by economic data and central bank signals.
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