FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 05/02/23

2023-05-02 08:35:00 ET Summary The rise in US rates appeared to lend the dollar support. A surprise hike by the Reserve Bank of Australia is seeing the Australian dollar (and New Zealand dollar) traded higher. Emerging market currencies are also mostly lower today. Central Europea...

2023-05-01 07:20:00 ET Summary US equity futures are slightly firmer, and the 10-year Treasury yield is around three basis points higher, slightly above 3.45%. Japan and Australia’s equity market rose, while New Zealand slipped. The weakness of the yen helped lift the Topix...

2023-04-29 10:01:00 ET Summary May will feature likely rate hikes by the Federal Reserve, the European Central Bank, and the Bank of England. Before the bank stress emerged, the market had priced in a peak Fed funds rate of nearly 5.75%. Now, the May hike to 5.25% is expected ...

2023-04-27 09:30:00 ET Summary Australia and China have light economic calendars for the remainder of the week. The eurozone is thought to have expanded by 0.2% in Q1 after Q4 22 was revised to -0.1% from flat. News that the US House of Representatives passed a bill to lift th...

2023-04-26 08:30:00 ET Summary The euro's strength is helping to lift the eastern and central European currencies higher to lead the emerging market complex. Underlying inflation remains high at 8% (peaked at the end of last year at 10.2%) and the base effect suggests further slow...

2023-04-25 07:25:00 ET Summary Risk appetites dried up today. Asia-Pacific equities were trounced outside Japan. Hong Kong and mainland shares that trade there set the tone today, falling 1.7-1.9%. Europe's STOXX 600 is off almost 0.5%, which, if sustained, would be the largest de...

2023-04-24 07:20:00 ET Summary The dollar is mostly lower, led by the Swiss franc and euro. Despite softer US rates and a victory for the LDP in local Japanese elections, the yen is trading with a softer bias. Japanese stocks recovered from the pre-weekend profit-taking seen a...

2023-04-22 10:42:00 ET Summary As April draws to a close, the systemic stress in the banking sector continues to subside, and the market is turning its attention to likely rate hikes by Federal Reserve and European Central Bank in early May. In term, of data, both the US and euroz...

2023-04-20 07:55:00 ET Summary Most Asian bourses were lower. The Nikkei (though not the Topix) and Hong Kong were the chief exceptions. Europe's STOXX 600 is off for the second consecutive day, in what looks like the first back-to-back loss since early this month. US equity f...

2023-04-19 07:46:00 ET Summary The dollar’s setback yesterday has been mostly recouped against the other G10 currencies. Sterling is the most resilient after higher-than-expected inflation. Equities are lower. Japan's Nikkei snapped an eight-day advance, and most of the...