FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 06/22/23

2023-06-22 07:06:00 ET Summary A 25 bp hike is widely expected from the Bank of England today, but after a strong inflation report, the risk is clearly for a 50 bp hike. A quarter-point move could see sterling sold. The dollar is on the defensive. The recovery we expected has been...

2023-06-21 07:35:00 ET Summary Sterling has been sold on the news of higher-than-expected consumer inflation and a budget deficit and is the weakest of the G10 currencies, off about 0.5%. The dollar is mixed, with the euro, Swedish krona, Canadian dollar, and Swiss franc posting s...

2023-06-20 07:41:00 ET Summary The dollar is mixed but mostly stronger today. It is reversing lower against the yen after reaching new highs for the year. Like yesterday, the dollar bloc currencies and Scandis are the heaviest. EM currencies are mostly lower. The Mexican peso is t...

2023-06-18 09:20:00 ET Summary The Dollar Index fell for the third consecutive week and its 1.25% decline was the largest in five months. The BOJ is signaling no strong urgency to change policy, but many expect an adjustment in the second half of the fiscal year that begins in Oct...

2023-06-16 07:37:00 ET Summary The dollar was sold off sharply yesterday, the day after the FOMC meeting. In fact, the swaps market is more convinced that the ECB hikes in July than the Fed. The Chinese yuan rose for the third consecutive session, the longest advance in more than ...

2023-06-15 08:12:00 ET Summary China's rate cut and likely additional supportive measures after disappointing data helped lift the CSI 300 by 1.6%, the most this year. The Hang Seng rose by nearly 2.2%, the most in three months. Europe's STOXX 600 is snapping a three-day advan...

2023-06-15 06:00:00 ET Summary Australia's economy is slowing, though not enough to quell inflation fears. Inflation is falling, though the pace of decline has been erratic and the labour market remains robust. The Reserve Bank of Australia has been hiking rates though is stru...

2023-06-14 07:31:00 ET Summary The FOMC meeting is the focus today. The dollar is trading softer against nearly all G10 currencies. EM currencies are more mixed, but the J.P. Morgan Emerging Market Currency Index has steadied after slipping lower in the past two sessions. Outs...

2023-06-13 07:48:00 ET Summary The dollar is under pressure and is weaker against nearly all the G10 currencies. It is mixed against the EM currencies. The dollar gapped higher against the Chinese yuan for the second consecutive session and is higher against the South African rand...

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...