FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 06/03/23

2023-06-03 02:10:00 ET Summary Risk sentiment has improved markedly with the passage of the US debt ceiling deal through Congress. This kept European currencies supported on Friday morning, keeping the GBP/USD elevated above 1.25 and EUR/USD near the 1.08 handle. We have also ...

2023-06-02 07:47:00 ET Summary The dollar's three-week rally has been snapped. It is sporting a softer profile ahead of the data and is lower against all the G10 currencies. The dollar is also weaker against nearly all the EM currencies today, with the exception of the Turkish lir...

2023-05-31 08:46:00 ET Summary Progress on the debt ceiling deal, plus the weakness of China and Japanese data and soft CPI figures from Europe has lifted the greenback against all the major currencies. The euro and Australian dollar have been sold to new lows, while the dollar ho...

2023-05-30 07:35:00 ET Summary Asia-Pacific bourses were mixed today. The chip sector helped lift South Korea's Kospi up over 1%. Europe's STOXX 600 is recouping yesterday's marginal loss. US equity futures are trading higher. The S&P 500 and Nasdaq are poised to gap highe...

2023-05-28 10:45:00 ET Summary June is a pivotal month. The Federal Reserve began hiking rates in March 2022, and at the May meeting, Chair Powell indicated that a pause was possible. The sharp rise in interest rates in May made for a challenging time for risk assets. Emerging...

2023-05-26 07:42:00 ET Summary Reports suggest that the partisan forces in the US are negotiating a two-year debt ceiling/spending deal. The dollar is consolidating its gains and is softer against all the G10 currencies. Most EM currencies are firmer, including the South Afric...

2023-05-25 07:46:00 ET Summary Concerns about the political wrangling over servicing US debt prompted Fitch to put the US on negative credit watch, but it has had little perceptible impact. The dollar is mostly higher, reaching new highs for the year against the yen, yuan, and the...

2023-05-24 07:20:00 ET Summary Asia-Pacific and Europe equities are being led lower by the sell-off in the US yesterday. Europe's STOXX 600 is off nearly 1.5%, which would be the largest loss in two months. The consumer discretionary, financials and real estate sectors are off nea...

2023-05-23 07:45:00 ET Summary The dollar is bid. The Japanese yen is holding its own against the greenback, but only after it fell to new lows for the year. The Scandis and Antipodeans are the heaviest among the G10 currencies, while sterling has fallen to a new low for the month...

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...