FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 06/12/23

2023-06-12 07:55:00 ET Summary Most large bourses in the Asia-Pacific region rose and Europe's STOXX 600 is snapping a three-day decline. US index futures are trading higher. The dollar is under broad pressure and is weaker against the G10 currencies. Againstemerging marke...

2023-06-11 09:15:00 ET Summary Of the three G3 central banks that meet in the days ahead, the market is the most confident of a rate hike by the European Central Bank. With the US debt ceiling drama behind us for this cycle, the treasury's pent-up issuance kicks in with vengeance....

2023-06-09 07:03:00 ET Summary Long US dollar positions were pared yesterday as rates unwound the gains scored in the wake of the BoC's surprise hike on Wednesday. It is consolidating today as the market looks towards next week’s central bank meetings. The dollar is firmer ...

2023-06-09 03:30:00 ET Summary This week’s price action has been largely contained when you look across the major FX pairs, gold, and indices, although some big moves have been observed in some emerging market currencies (not least the Turkish lira). Among the majors, the A...

2023-06-07 02:30:00 ET Summary The Reserve Bank of Australia had become the first major central bank among developed economies to 'pause' its rate hikes. The RBA’s holdings of Australian-dollar-denominated securities have dropped. Since the first un-pause hike in May, t...

2023-06-06 06:55:00 ET Summary Australian stocks sold off (~1.2%), while large markets outside of China rose in the region. Europe's STOXX 600 is straddling unchanged, and US equity futures are a little softer. The Australian dollar is the strongest currency in the G10 and hel...

2023-06-06 03:02:23 ET The Reserve Bank of Australia on Tuesday raised its benchmark lending rate by 25 basis points to 4.10%, going against market expectations of a pause, as inflation remains hot. "Inflation in Australia has passed its peak, but at 7% is still too high and it will be ...

2023-06-05 08:26:00 ET Summary The US dollar has extended its post-employment gains today, helped by firmer rates and several countries seeing downward revisions from the preliminary May PMI. The greenback is trading with a firmer bias against all the G10 currencies and most of th...

2023-06-04 11:10:00 ET Summary The Federal Reserve's leadership seemed to have been on a purposeful campaign to indicate that it wanted to standpat at the June 13-14 FOMC meeting, and the market accepted the push back. China holds the most currency reserves in the world with a lit...

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 ...