# AUD/USD to see a gradual grind higher through 2022 – MUFG — Octa

> MUFG expects AUD/USD to rise gradually through 2022 as the Australian economy recovers and markets pare back US tightening expectations. The AUD fell from 0.7508 to 0.7094 during November.

- Date: 2021-12-02 · published 2021-12-02T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/43849-aud-usd-to-see-a-gradual-grind-higher-through-2022-mufg-octa
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A gradual AUD recovery would firm Australian export prices in USD terms over time, a modest bullish factor for Australian feed grain values in the medium term.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- octabroker.com: https://www.octabroker.com/markets/news/view/940015/

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