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FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 02/06/24

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Company Name: Invesco CurrencyShares Australian Dollar Trust
Stock Symbol: FXA
Market: NYSE

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FXA - Australia's central bank holds cash rate at 4.35%, signals more interest rate hike

2024-02-06 02:53:40 ET Australia's central bank held interest rates steady on Tuesday as expected, but warned that a further interest rate hike is possible due to persistently high inflation. The Reserve Bank of Australia kept its cash rates unchanged at 4.35% during its fi...

FXA - Australia's trade balance beats expectations in Dec as exports grew less than imports

2024-02-05 01:48:52 ET Australia's trade surplus on goods declined to A$10.96 billion in December 2023 from an upwardly revised A$11.76 billion in the previous month, compared to market forecasts of A$11 billion, as exports grew less than imports. Shipments increased by 1.8% fro...

FXA - Week Ahead: Markets Digest New Economic Divergence After U.S. Employment Report

2024-02-03 09:00:00 ET Summary The US employment data blew away expectations, jumping by 353k, nearly twice the median forecasts. The week ahead is bound to be quieter. The simmering challenges emanating from the US commercial real estate market bubbled over. The US ...

FXA - U.S. Dollar Offered Ahead Of Employment Data After U.S. 10-Year Yield Set New Low For The Year

2024-02-02 08:06:00 ET Summary The dollar is offered ahead of today's US jobs report. Sterling set a new high for the week today, slightly above $1.2770. Chinese stocks swung dramatically today, and the CSI 300 settled at new five-year lows. Europe's STOXX 600 sn...

FXA - Australia's ASX 200 hits an all-time high as producer inflation eases to 0.9% in Q4

2024-02-02 02:16:55 ET Read the full article on Seeking Alpha For further details see: Australia’s ASX 200 hits an all-time high as producer inflation eases to 0.9% in Q4

FXA - Euro And Australian Dollar Take Out January Lows To Start The New Month

2024-02-01 08:52:00 ET Summary The Fed Chair's push against speculation of a March rate cut lifted the dollar while weighing on stocks. The greenback remains bid. The euro and Australian dollar have been sold through January's lows. The yen is the best performer among the G10 curr...

FXA - Australia's manufacturing PMI rises in January, Red Sea disruptions impacted supply

2024-02-01 02:55:36 ET More on Australia: Australia services PMI contracts to 47.9, composite PMI drops to 10-month low in October Australia Q3 producer inflation advanced by 1.8% Q/Q amid higher prices RBA keeps interest rate on hold at 4.10% in October ...

FXA - U.S. Tech Sell-Off Challenges Risk Appetites Ahead Of The FOMC

2024-01-31 07:10:00 ET Summary With US high-flying tech stocks posting steep losses after disappointing earnings reports, the currencies most sensitive to risk-appetites, the dollar bloc and the Norwegian krone are the weakest. China's January PMI showed a small gain, but nothing ...

FXA - Australia's CPI inflation declines to 0.6% in Q4, drops to 2-year low

2024-01-31 02:29:49 ET Australia services PMI contracts to 47.9, composite PMI drops to 10-month low in October Australia Q3 producer inflation advanced by 1.8% Q/Q amid higher prices RBA keeps interest rate on hold at 4.10% in October Australia's man...

FXA - EMU Q4 2023 GDP Stagnates, Underscoring Divergence With The U.S.

2024-01-30 07:15:00 ET Summary The US dollar is mixed ahead of the start of the FOMC meeting and is mostly in its recent ranges. The euro, which was sold below $1.08 yesterday for the first time since mid-December, is holding above it today. The chief economic news today from ...

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