Australian Financial Review: Why Australians should ditch Europe this Christmas

Peter Dragicevich, a currency strategist at business payments outlet Corpay, predicts the Aussie will rise to 63.5¢ against the euro by the end of next year.

“Diverging policy trends between the measured Reserve Bank of Australia and other more aggressive central banks will give the [Aussie] a helping hand,” he said. The RBA has not yet started its easing cycle and markets suggest the first rate cut will be in the first half of next year. Read the Australian Financial Review article here: https://www.afr.com/markets/debt-markets/why-australians-should-ditch-europe-this-christmas-20241217-p5kyxz