Interest Rate 2024 Australian Dollars. Our relatively lower interest rates will weigh on the australian dollar as speculative money looks to the us and europe for better returns. Now, as we near the end of the rate hiking cycle of the past two years, is it fair to expect the aussie dollar to recover?

Australians are increasingly hopeful that cost of living pressures are about to ease, and expect to receive an interest rate cut soon, according to new polling. Broadly, the predictions point to a rising aud relative to the usd, but it’s yet to be seen if this.