Why is Australian dollar appreciating?

Since then the Australian dollar has appreciated as the prospects for a recovery in global growth have improved and commodity prices have increased , but it remains well below its 2013 peak. The terms of trade and interest rate differentials are key determinants of the Australian dollar over the medium to longer run.

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Will AUD Go Up in 2021?

In 2021, the trend for the Australian dollar is rising, if you agree with the top 4 banks in Australia . ANZ, CBA, NAB and Westpac are all predicting the Australian dollar to average above 75 cents against the US dollar in 2021, about 5 cents higher than in 2020.

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