FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 05/22/23

2023-05-22 07:40:00 ET Summary Fed Chair Powell offered a stronger case for a pause in the monetary tightening before the weekend, and this sapped the dollar's mojo. The South Korea won is benefitting from China's decision to ban Micron chips. On the other hand, the high-flying Me...

2023-05-21 06:03:00 ET Summary The greenback rose to new highs for the year against the Japanese yen and Chinese yuan. The dollar approached important chart points and the debt ceiling machinations could very well go up to next week's Memorial Day, US holiday. The Dollar Index...

2023-05-19 07:35:00 ET Summary The dollar approached or tested key technical levels and is consolidating with a softer bias today. The euro made a marginal new low for the move (~$1.0760) earlier today, before stabilizing and recovering to almost $1.08. The large bourses in th...

2023-05-18 11:14:30 ET Summary The RBA’s surprise hawkishness this month may have boosted the AUD, but the near-term setup is far from compelling. The global commodity downcycle has shown no signs of slowing down, while China’s sluggish ex-services recovery offers li...

2023-05-18 07:32:00 ET Summary Some optimism about the US debt ceiling, easing of pressure on bank shares, and a continued rise in US rates helped the dollar extend its recent recovery. The dollar's strength against the G10 currencies has helped lift it against the managed Chinese...

2023-05-17 07:05:00 ET Summary The Dollar Index approached the one-month high set on Monday and punched through it to probe the 103.00 area today. Besides extending its gain against the G10 currencies, the greenback has surpassed CNY7.0 for the first time since early last December...

2023-05-16 07:06:00 ET Summary Disappointing Chinese data saw the CSI 300 fall by around 0.5%, but Japan, Hong Kong, Taiwan, and South Korea markets advanced. The Topix reached its best level in more than 30 years. Europe's STOXX 600 is treading water, putting its two-day advance ...

2023-05-15 08:02:00 ET Summary Most of the large Asia-Pacific bourses advanced today, with the notable exception of Taiwan. Of note, Japan's major indices are at their best levels since late 2021. Despite the dramatic 4.1% collapse of the eurozone's industrial output in March, the...

2023-05-14 05:48:00 ET Summary The greenback rose against all the G10 currencies, and the Dollar Index rose by the most since last September. On technical grounds, the dollar looked oversold, but there is a fundamental narrative that may help frame the correction. The world's ...

2023-05-12 07:10:00 ET Summary The dollar sprang higher yesterday, but follow-through buying today has been limited. Both the large and regional bank indices made new lows for the week yesterday. Barring a 2.7% rally today, the KBW large bank index will finish lower for the fourth...