This info comes via a Bloomberg piece (gated). In brief:
Bank of America forecast AUD/USD to 0.68 be December 2025:
- Australian dollar gradual recovery seen from Q2 2025
- driven by USD depreciation and then by China stimulus (lagged impact) in H2 2025
- RBA higher terminal policy rate due to the stickiness of inflation also a support for AUD
This article was written by Eamonn Sheridan at www.forexlive.com.