# Five reasons to expect the $A to rise - AMP

> AMP's chief economist argues the Australian dollar, which has fallen from nearly US80 cents in February 2021, is undervalued and could rise into next year. Drivers cited include narrowing short-term rate differentials, negative sentiment and a solid current account surplus.

- Date: 2023-11-27 · published 2023-11-27T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/33413-five-reasons-to-expect-the-a-to-rise-amp
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

This is an analytical outlook on currency valuation with no new supply or demand event, so it has little direct effect on feed commodity prices.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- amp.com.au: https://www.amp.com.au/resources/insights-hub/olivers-insights-australian-dollar

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.