# Australian Dollar Forecast to Edge Lower Against Pound and U.S. Dollar Over Coming Months

> Rabobank forecasts the Australian dollar to weaken over coming months, with AUD/USD seen falling about 4%. The bank cites narrowing short-term rate differentials and a dovish RBA outlook versus a hawkish Fed.

- Date: 2018-05-21 · published 2018-05-21T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/65263-australian-dollar-forecast-to-edge-lower-against-pound-and-u-s-dollar-over
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker Aussie would lower Australian export prices in US dollar terms, a modest bearish factor for Australian grain and meal offers.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/aud/9104-australian-dollar-forecasts-downgraded-at-rabobank-10-upside-for-pound-to-australian-dollar-rate

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