UBS raises AUD/USD forecast to 0.72 from 0.70 on RBA hawkish stance - Investing.com

UBS Australian US Dollar Q3 2026 Forecast: RBA Caution In Evidence, AUD/USD At 0.72 - Exchange Rates Org UK

The desk anticipates a cautious stance from the Reserve Bank of Australia (RBA) will keep the AUD/USD at 0.72 through Q3 2026. Per the full note from UBS, this forecast reflects the RBA's ongoing hesitance to aggressively raise interest rates amid global economic uncertainties. The desk supports this view by highlighting the RBA's recent comments and the broader economic landscape, which suggest that the Australian dollar may struggle against the US dollar in the near term.

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UBS raises AUD/USD price target to 0.74 on improved fundamentals - Investing.com Australia