大行晨：澳元有望再上年高位-2025年11月20日

Core Insights - The report indicates that the Australian dollar (AUD) is expected to test its highest levels within the year, driven by various economic factors [1] Group 1: Economic Factors - The Australian dollar's potential rise is attributed to strong commodity prices, particularly in iron ore and coal, which are significant exports for Australia [1] - The report highlights that the Reserve Bank of Australia (RBA) may maintain a hawkish stance, supporting the currency's strength [1] Group 2: Market Trends - There is an observed increase in foreign investment in Australia, which is likely to bolster demand for the Australian dollar [1] - The report notes that global economic recovery post-pandemic is contributing to a favorable environment for the Australian dollar [1]