FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 07/11/23

2023-07-11 06:46:00 ET Summary The yen's short squeeze continues, and strong wage growth has helped lift sterling to new highs since last April. EM currencies are also advancing, with a couple of exceptions, including the Turkish lira despite reports on foreign equity inflows. ...

2023-07-10 07:42:00 ET Summary The US dollar is mostly firmer after selling off hard before the weekend in response to the jobs data. The Australian and New Zealand dollars are the heaviest following news of China's deflation. Emerging market currencies are mixed. Despite repe...

2023-07-09 09:00:00 ET Summary The US dollar is at an inflection point, with its failure to gain traction despite rising US rates indicating a potential resumption of its underlying downtrend from last September and October. The US 2-year yield rose to a new multiyear high near 5....

2023-07-07 07:00:00 ET Summary The yen has risen significantly due to a short squeeze, with the dollar falling below JPY143 due to stronger than expected wage growth in Japan. The yuan is the only emerging market currency to have risen, with the PBOC fixing it sharply higher; the ...

2023-07-06 08:00:00 ET Summary Marc Chandler and James Foord discuss international markets, economies and currencies. Has the Fed conquered inflation? China's economy and global liquidity. Marc's outlook on the US dollar. Listen to the podcast below or on the go ...

2023-07-06 07:30:00 ET Summary Stocks, bonds and the US dollar are trading heavily, with the yen and Chinese yuan showing strength among G10 and emerging market currencies respectively. Japanese investors have returned as buyers to the global bond market, while foreigners have bee...

2023-07-05 08:30:00 ET Summary As US markets prepare to re-open from yesterday's holiday, the dollar is trading mostly higher. A risk that looms, which everyone seems to be aware of, comes from commercial real estate. The US dollar tested CAD1.3200 area yesterday, slipping thr...

2023-07-04 14:45:00 ET Summary The New Zealand dollar was the strongest (~0.85%) helped by cross rate gains against the Australian dollar, following the RBA’s decision to stand pat. The Australian dollar recovered from almost $0.6640 to $0.6700. The PBOC is stepping up its ...

2023-07-03 07:35:00 ET Summary The dollar is recovering from the month-end losses seen at the end of last week. Only the New Zealand dollar among the G10 currencies is holding its own. Japanese reports indicate that Tokyo is in contact with the US Treasury about intervention, whic...

2023-07-03 03:45:00 ET Summary Japan will take appropriate steps should the yen weaken excessively. The top US bank regulators are asking lenders to work with credit-worthy borrowers that are facing stress in the commercial real estate market. Inflation in the eurozone extende...