FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 11/16/23

2023-11-16 07:10:00 ET Summary The US dollar is consolidating as interest rate swings continue, with the US two-year yield trading lower. Dollar bloc currencies are the poorest performing G10 currencies, while European benchmark 10-year yields are mostly lower. Japan's trade b...

2023-11-16 06:00:00 ET Summary A year ago writing for the 2023 G10 FX outlook, we were calling for less trend and more volatility. That worked for the first half of the year before a dollar bull trend took over. Based on our call for Fed easing next year, we now argue that G10...

2023-11-15 06:55:00 ET Summary Capital markets overreacted to softer-than-expected CPI, with implied yield of December 2024 Fed funds futures falling by 25 bp. China's data were uninspiring, with steady industrial output and an increase in retail sales, but property investment and...

2023-11-14 09:10:00 ET Summary The dollar is somewhat better offered today ahead of the October CPI report. The dollar rose for the sixth consecutive session against the yen. US October CPI is today's highlight. The median forecast in Bloomberg's survey calls for a 0.1% increa...

2023-11-13 09:30:00 ET Summary The dollar is beginning the new week narrowly mixed against the G10 currencies. The dollar rose to new highs for the year against the Japanese yen (~JPY151.85). The preliminary University of Michigan's survey showed a jump in consumer inflation e...

2023-11-11 07:45:00 ET Summary Recent dollar gyrations are closely tied to US rates, with the dollar weakening after the FOMC meeting and weak US 30-year bond auction. High-frequency US data next week is expected to show easing price pressures and cooling consumer demand, potentia...

2023-11-10 07:25:00 ET Summary Poor reception to 30-year Treasury sale and Federal Reserve Powell's comments on raising rates spooked investors, driving rates higher and fueling a strong dollar recovery. Asian equities weakened, with Hang Seng dropping 1.75%, while European stocks...

2023-11-09 07:45:00 ET Summary The dollar is mostly firmer against G10 currencies, with emerging market currencies trading with a softer bias. Benchmark 10-year yields are up in Europe, while equities are mostly higher. China's CPI fell to -0.2% YoY, boosting speculation that ...

2023-11-08 07:15:00 ET Summary The dollar rebounds as the market searches for direction post-FOMC and US jobs report. The euro and sterling are the weakest G10 currencies, while the Russian ruble and Philippine peso hold their own against the firm US dollar. Equities are softe...

2023-11-08 03:00:00 ET Summary It was no surprise that the RBA hiked the cash rate by 25bp. The justification the RBA gave for the hike was the slow progress being made towards their target inflation range, the arrival at which was put back to late 2025. For the last 2 months,...