To be eligible to open a foreign currency account, you must hold other accounts with us. To open a foreign currency account, visit any Westpac branch in New Zealand and bring identification—e.g. a passport or photo driver's licence - and your IRD number. AUD/USD: No real support ahead of 0.54 - Westpac USD/JPY Price Forecast - US Dollar hits major round figure against Yen Coronavirus Crisis Forces BoE to Cut Rates and Increase QE, GBP/USD The Australian Dollar exchange rate for June, 2019 averaged 1.42 AUD to USD. That's 2.3 basis points lower than the May, 2019 rate of 1.45, and 9.0 basis points higher than the June, 2018 rate of 1.33. The fall in the AUD/USD exchange rate from May to June provides evidence that the short term trend in AUD/USD is down. Australian Dollar US Dollar (AUD/USD) Exchange Rate Muted as Westpac Leading Index Remains Below Trend. The Australian Dollar US Dollar (AUD/USD) exchange rate remains muted and the pairing is currently trading at an inter-bank rate of $0.7011. Bill Evans says the Aussie dollar will fall 10% this year. David Scutt the AUD/USD currently sits at a 4-month high of .8055, seemingly on its way to testing the high of .8124 struck in Westpac will buy or sell cash only in the currencies where a "Westpac buys cash" rate is displayed. Rates are updated Monday to Friday excluding public holidays. Certain transactions are subject to a commission charge and/or fee(s). T/T = telegraphic transfer received from overseas; T/C = travellers cheques.
Since the start of the year, all 4 major banks have changed their 2019 Australian Dollar Forecast. There is a wider gap now in their AUD/USD predictions for the end of the year. NAB is now forecasting the AUD/USD to be higher at 0.7500 in December, while Westpac has it moving down to 0.6600.
From Westpac's market outlook for December and January, comments on the AUD from chief economist Bill Evans In brief: We confirm our forecast that the AUD will drift even lower in 2018 ending the AUD/USD struggles for a firm direction, holds steady above 0.6600 mark - March 5, 2020; AUD/USD: Squeezes offering opportunities to sell - Westpac - March 5, 2020; AUD/USD Forex Technical Sean Callow, Research Analyst at Westpac, points out that last week AUD/USD fell to its lowest point since January 2017, around 0.7325 and much of this was simply due to the strength of the greenback, but there was also some pressure from the slide in the Chinese yuan. Compare Westpac AUD to USD exchange rate. Compare AUD to USD Exchange Rate. Get more for your money with TransferWise. Unlike most banks, TransferWise uses the real exchange rate for sending money — just like the one used by Google or Reuters. Combine that with a low, upfront fee, and you get international transfers that are cheap, fair and
Unless otherwise specified, the products and services described on this website are available only in Australia from Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. Important Notice. This document has been prepared by National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 ('NAB'). Any advice contained in this document has been prepared without taking into account your objectives, financial situation or needs. Westpac: Australian dollar to fall right through 2018/19. This weakness in the AUD has coincided with some stability in the US Dollar with the USD Index (DXY) increasing by a modest 1%. AUD/USD and NZD/USD Fundamental Daily Forecast - Pressured as Downside Risks to Economic Growth Increase potentially in the order of 0.4 percentage points," said Westpac senior economist "Should I invest in AUD to NZD Currency Pair?" "Should I trade AUD/NZD pair today?" According to our Forecast System, AUD to NZD Forex pair is a bad long-term (1-year) investment*. "Australian Dollar / New Zealand Dollar" exchange rate predictions are updated every 5 minutes with latest Forex (Foreign Exchange) rates by smart technical market analysis. The mid-market rate refers to the middle ground between current buy and sell prices on the global currency markets. It's used as the official average price of a currency at any given time.To find