FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 11/27/23

2023-11-27 07:15:00 ET Summary The dollar is beginning the week on a soft note, despite the modest backing up of yields over the last couple of sessions and better-than-expected data. The greenback is also lower against most EM currencies but the Turkish lira and Chinese yuan. ...

2023-11-26 02:30:00 ET Summary The dollar fell against all G10 currencies last week, with the dollar-bloc currencies, sterling, and the Scandis leading the move. The US dollar's pullback appears to be entering its final stages, with retracement targets being met and momentum indic...

2023-11-24 08:15:00 ET Summary Foreign exchange market remains subdued with major currencies fluctuating around +/- 0.2%. China considers new efforts to support the property market, leading to a rally in developer stocks. Germany's Constitutional Court ruling on Covid funds cr...

2023-11-22 07:00:00 ET Summary The dollar stabilizes and strengthens against the euro and yen, while also gaining against most emerging market currencies. Gold consolidates around $2000 after a 1% jump, while US oil inventories cap the price of crude. The Dutch election, Swede...

2023-11-21 08:08:00 ET Summary The short squeeze continues to lift the Japanese yen, which is trading at its best level in two months. The PBOC has slashed its dollar reference rate, and the yuan is near four-month highs after the greenback gapped lower. In Asia-Pacific, Japan...

2023-11-20 08:07:00 ET Summary Last week's dollar losses have been extended today. The yen is leading the move. EM currencies are also mostly higher. The Chinese yuan's 0.67% rise is the most since late July. The Nikkei reversed lower after setting a marginal new 33-year high....

2023-11-18 08:35:00 ET Summary Soft US price data and weaker economic data suggest a convergence of negative factors for the dollar. The US dollar's gains from July are being retraced, with a high degree of uncertainty in the post-Covid business cycle. The market is pricing in...

2023-11-17 09:24:05 ET Summary The S&P 500 bounced in November, responding to falling interest rates and expectations of aggressive Fed rate cuts in 2024. However, it seems like the bounce was just a short covering and FOMO rally, which seems to be fading. The falling pric...

2023-11-17 07:30:00 ET Summary The Japanese yen is leading against the dollar due to short covering in the Japanese bond market and a decline in US rates. All G10 currencies are stronger, as are most emerging market currencies. European yields are lower, UK retail sales disapp...

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...