Aussie dollar is set to buy a few extra croissants this year

For those daydreaming about a European summer, there is some welcome news for the hip pocket: the euro is tipped to drop against the Australian dollar this year.

Currency forecasters expect Europe’s economy to take a much heavier hit from the Iran war energy shock than Australia, which means the Aussie dollar should stretch just that little bit further at a boulangerie in France.

Source: https://www.afr.com/markets/debt-markets/aussie-dollar-is-set-to-buy-a-few-extra-croissants-this-year-20260528-p601mh