FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 08/02/23

2023-08-02 06:45:00 ET Summary Late yesterday, on the eve of the quarterly refunding announcement, Fitch cut the US rating to AA+ from AAA, citing project fiscal deterioration over the next few years and "the erosion of governance". The dollar has retraced yesterday's gains agains...

2023-08-01 07:05:00 ET Summary The Reserve Bank of Australia left rates steady and the poor Chinese Caixin PMI is weighing on the Australian dollar, which is off about 1.25% today. Sterling is the best G10 performer, off about 0.1%. Emerging market currencies are also nearly all l...

2023-07-31 08:14:00 ET Summary Emerging market currencies, outside of a handful of central European currencies and the Malaysian ringgit and South Korean won, are lower. Asia-Pacific equities rallied, with Taiwan being the only notable exception. Before the weekend, Chile beca...

2023-07-30 12:15:00 ET Summary US dollar's recovery likely to extend into August, supported by potential increase in US CPI and stronger economic growth compared to Europe. Risk of a September Fed rate hike is greater than the market currently anticipates. Emerging market curr...

2023-07-18 08:14:00 ET Summary Equity markets are mixed, but mostly lower in the Asia Pacific region. The dollar is little changed against the Chinese yuan and is confined to a narrow range. The rate outlook was tweaked higher as the economists became more confident of two hik...

2023-07-15 12:00:00 ET Summary The US dollar is expected to consolidate ahead of the Federal Open Market Committee meeting on 26 July, following one of its worst weeks of the year. The Mexican peso has risen to new eight-year highs against the dollar due to its high interest rates...

2023-07-14 07:56:00 ET Summary The dollar appears to be broadly consolidating ahead of the weekend. Among the G10 currencies, the Canadian dollar's 1.2% gain is the least, and it made new 10-month highs earlier today. The beleaguered Scandis soared. The Norwegian krone's 6.6% adva...

2023-07-13 07:42:00 ET Summary The dollar is stabilizing against the yen today, but the downside momentum is intact against the other major currencies. The Canadian dollar, often a laggard in a weak US dollar environment, is holding below the highs made at the end of last month. ...

2023-07-12 07:16:00 ET Summary The US dollar's losses have been extended ahead of the June CPI. Sterling made new highs since last April, while the Swiss franc has risen to its best levels in about 2 1/2 years. EM currencies are also mostly higher, including the Chinese yuan, whic...

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. ...