FXC News and Press, Invesco CurrencyShares Canadian Dollar Trust From 03/21/24

2024-03-21 07:30:00 ET Summary The Federal Reserve triggered a dollar sell-off yesterday and follow-through selling was seen in Asia before profit-taking emerged. The G10 currencies are mixed ahead of the North American open. Outside of China, the large equity markets in Asia ...

2024-03-20 10:12:00 ET Summary In advance of tonight's FOMC meeting and new economic projections, we take a quick look at what any shift in the Fed's Dot Plots would mean for G10 FX. Correlations between expectations for the Fed easing this year and G10 FX are strongest for USD/JP...

2024-03-20 06:55:00 ET Summary Ahead of the outcome of today's FOMC meeting, no change in policy is expected, but the forward guidance, partly delivered in the updated projections, is the focus. Emerging market currencies are mostly lower. Europe's Stoxx 600 is giving back mos...

2024-03-19 09:05:00 ET Summary The US dollar is surging today against most of the G10 currencies, while the yen and Australian dollar are the weakest of the lot. EM currencies are lower. The offshore yuan is weaker for the sixth consecutive session. Japanese, Australian, and N...

2024-03-18 09:35:00 ET Summary The US dollar is trading with a mostly softer bias against the G10 currencies, with the Japanese yen and Swiss franc being notable exceptions. Speculation of a Bank of Japan rate hike appears to have increased, while there is a risk that the Swiss Na...

2024-03-16 08:55:00 ET Summary The week ahead is dominated by central bank meetings - most central banks are not expected to change policy. The market is also keen for some guidance on how the Fed is thinking about its balance sheet. We do not expect major changes from Decembe...

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. ...