FXA News and Press, Invesco CurrencyShares Australian Dollar Trust From 05/31/24

2024-05-31 07:15:00 ET Summary The dollar is mostly consolidating yesterday's losses ahead of month-end and the US income and consumption data. The PCE core deflator may have risen by 0.2%, the least this, year, but the year-over-year rate is expected to be steady at 2.8%. The...

2024-05-29 03:08:58 ET Read the full article on Seeking Alpha For further details see: Australia's monthly inflation rate accelerates to 3.6% Y/Y in April; highest in five months

2024-05-28 07:10:00 ET Summary The dollar is still mostly softer against the G10 currencies, but it is little changed to slightly firmer against the Japanese yen. The US 10-year yield Treasury yield is off a basis point to 4.45% today. US index futures are signaling a firm ret...

2024-05-28 02:18:39 ET Read the full article on Seeking Alpha For further details see: Australia's retail sales rise less than expected in April amid cautious spending

2024-05-27 08:25:00 ET Summary The dollar traded mostly higher last week. The US 10-year yield bottomed near 4.30% in mid-May and reached 4.50% last week to test the 20-day moving average. The US dollar frayed support near CAD1.36 last week and recovered to almost CAD1.3750 be...

2024-05-25 09:30:00 ET Summary Stronger than expected data and hawkish FOMC minutes lifted US rates and the dollar, while the market reduced expectations of ECB easing. Sterling remained resilient despite weak economic data, but rate expectations were impacted by stronger than exp...

2024-05-24 07:35:00 ET Summary The dollar is paring yesterday's advance that was spurred by the rise in US rates following the preliminary PMI. Asia Pacific and European equities have sold off in the wake of yesterday's slide in the US. The Canadian dollar was the weakest of t...

2024-05-23 03:08:29 ET The Judo Bank Flash Australia Manufacturing PMI remained unchanged at 49.6 in May, as per preliminary data. This suggests that manufacturing sector conditions persisted in deteriorating for the fourth consecutive month, albeit marginally. The Judo Bank Flash Aus...

2024-05-22 07:15:00 ET Summary A hawkish hold by the Reserve Bank of New Zealand and a firmer-than-expected UK CPI reading have allowed the New Zealand dollar and sterling to show resilience in the face of the US dollar's broadly firmer tone. US index futures are trading with a so...

2024-05-21 02:21:09 ET More on Australia Australia holds cash rate for fourth time at 4.35% despite higher than expected inflation Australia's jobless rate rises more than expected to 4.1% in April Australia's March goods trade surplus narrows to more than ...