FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 12/06/23

2023-12-06 10:15:00 ET Summary Weaker GDP growth in Australia may indicate that the Reserve Bank of Australia (RBA) is done hiking rates. Trade data suggests that the GDP growth figure for Q3 2023 will not meet expectations. Household consumption has slowed due to RBA rate inc...

2023-12-06 02:38:45 ET More on Invesco CurrencyShares Australian Dollar Trust ETF Australia factory PMI fall to 48, services PMI return to contractionary zone in October Australia Manufacturing PMI drops for seventh straight month to 48.7 Seeking Alpha’s Quant...

2023-12-05 07:48:00 ET Summary Outside of the AUD, which has fallen by around 0.6%, the other G10 currencies are trading little changed. China reported better-than-expected Caixin PMI, and Moody's cut China's sovereign outlook to negative from stable. The yuan is little changed. ...

2023-12-04 07:10:00 ET Summary US rates have come back firmer today. The two-year yield is up nearly 7 bps after falling 14 before the weekend. The 10-year yield is almost 6 bps higher around 4.25%. The dollar's losses were initially extended but it has recovered. It is firmer aga...

2023-12-02 09:45:00 ET Summary Global central banks are facing challenges in responding to new threats to price stability as the markets anticipate the end of the post-Covid monetary tightening cycle. The US economy is expected to slow sharply in Q4, with a broad slowdown in consu...

2023-12-01 07:00:00 ET Summary The dollar is trading softer today, with the Scandis and dollar-bloc currencies leading with gains. Market participants will be focused on Fed Chair Powell's comments and his stance on rate cuts. Hong Kong and South Korea saw equity losses, while...

2023-11-30 07:15:00 ET Summary The US dollar is having one of its best days of the month, rising against all major currencies. European benchmark yields are mixed, with the 10-year Gilt yield up almost three basis points. The IMF revised its forecast for China's GDP to 5.4% th...

2023-11-29 07:21:00 ET Summary The greenback's slide was extended in early Asia-Pacific turnover, but it has recovered. EM currencies are mixed. The Chinese yuan reached its best level since June. Many of the large equity markets in the Asia-Pacific region fell, including Japa...

2023-11-28 07:17:00 ET Summary The US dollar is narrowly mixed against the G10 currencies. CAD and AUD lead the advancers, while the Scandis are pacing the losers off 0.1-0.2% in quiet turnover. Most Asia-Pacific currencies except for the Chinese yuan are firmer. Outside T...

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. ...