What moves the Australian dollar against the Euro?

The AUD/EUR rate is driven mainly by the gap between Australian and euro area interest rates, by commodity prices and Chinese demand for Australian exports, and by global risk sentiment. China is Australia's largest trading partner and a key buyer of Australian commodities, especially iron ore, so weaker Chinese demand puts downward pressure on the dollar. Through 2026 the Australian dollar has strengthened against the euro, from about €0.57 in January to €0.6216 on 9 September 2026, according to Reserve Bank of Australia data, alongside RBA cash rate rises in February, March and May 2026.

What is the AUD to Euro forecast for the next 6 months?

Finder does not publish an AUD to Euro forecast, and no one can reliably predict where a currency pair will trade six months out. Bank forecasts are revised often and are usually superseded within a quarter, so check the publication date before you act on one. As at 9 September 2026 the Australian dollar bought €0.6216, according to Reserve Bank of Australia data, after climbing from about €0.57 at the start of the year. If you need certainty on a future transfer, a forward contract or limit order is a better tool than a forecast.