Interest Rate Predictions 2024 Australian Dollar. Zaman says the good news is that the aud is expected to strengthen over the term of 2024, “largely due to a gradually easing usd and improving risk sentiment over. — the currency pair australian dollar to us dollar (audusd) continues to move within the framework of the decline development and the beginning of the “triangle” model.
— the interest rate we control is the cash rate, which is the rate that banks charge each other to borrow overnight. The asx rate tracker, which sums up what the wider australian financial market expects, looks forward 18 months, when the cash rate is predicted to be just under 4 per cent.