FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 03/15/24

2024-03-15 07:10:00 ET Summary This week's data has seen expectations re-converge with the Fed's three rate cuts signaled in December. As is often the case in a firm US dollar environment, the Canadian dollar has fared the best, slipping only 0.4%. The PBOC left its benchmark ...

2024-03-14 07:05:00 ET Summary While the dollar has traded firmer in the first half of this week, given the 25 bp jump in the US two-year yield, its performance is somewhat disappointing. Most emerging market currencies are softer, but for the second consecutive session, the Hunga...

2024-03-13 07:30:00 ET Summary The Dollar Index had begun with week with a six-day fall in tow. Despite promising reports on wage negotiations in Japan, the yen is softer for the second session. Asia Pacific equities were mixed today - Japan, Hong Kong, China, and Indian marke...

2024-03-12 08:15:00 ET Summary The dollar is going into the US CPI report narrowly mixed against the G10 currencies. The greenback is threatening to snap a five-day drop against the yen. Most of the large Asia-Pacific markets rose but Japan, which saw continued profit-taking. ...

2024-03-12 02:39:33 ET Australia's NAB business confidence index edged down to 0 in February 2024 from 1 in January, below the long-run average, with the retail sector being a major drag amid high borrowing costs and elevated inflation. "These results are a good reminder that th...

2024-03-11 09:22:00 ET Summary The dollar is softer but consolidating against the euro, Swiss franc, and Canadian dollar, but it is slightly firmer against the Antipodeans and Scandis. Sterling is also in a narrow range but with a softer bias. News that the Japanese economy expand...

2024-03-09 10:20:00 ET Summary There was still a better than 90% chance that the Federal Reserve delivers its first rate cut in June. In the coming days, we expect a firm headline CPI reading and strong bounce in retail sales helped by autos and gasoline. We think the most lik...

2024-03-07 02:53:19 ET Australia's trade surplus on goods increased to A$11.03 billion in January 2024 from a downwardly revised A$10.74 billion in the previous month, compared to market forecasts of A$11.5 billion, with exports rising faster than imports. Exports of goods from ...

2024-03-06 10:00:45 ET Summary Gold is attempting to break out to new all-time highs, but it has failed multiple times before. There are no valid fundamental reasons that support a sustainable gold breakout over the near term. It seems like gold is rising due to the spike in B...

2024-03-06 02:13:31 ET Read the full article on Seeking Alpha For further details see: Australia GDP grows 0.2% q/q as expected in Q4