Bank of America Predicts AUD/USD to Hit 0.63 in 2026, Driven by China’s Economic Slowdown

Australia’s Australian dollar is facing a significant downturn predicted by Bank of America. The bank forecasts the currency could fall to 0.63 against the US dollar by the first quarter of 2026, driven by growing economic weakness in China. This prediction highlights the interconnectivity between global economies and how events in one major economy can impact others like Australia.