FXS News and Press, Invesco CurrencyShares Swedish Krona Trust Rydex Investments

Overview: Another late sell-off in US shares, this one perhaps related to the sobering assessment by the leading medical adviser for the Trump Administration about the risks of opening too early, failed to deter investors in the Asia Pacific region. Although Japanese shares slipped, most oth...

By Chris Turner, Global Head of Markets and Regional Head of Research , Francesco Pesole, FX Strategist and Petr Krpata, Chief EMEA FX and IR Strategist USD: Delicate exit from lockdown This week the DXY looks set to trade well within April’s range. Risk assets ha...

Overview: The new week begins slowly in the capital markets. Many markets in the Asia Pacific region, including Japan, Hong Kong, and Australia, gained over 1%, but European and US shares are heavier. Benchmarks off all three regions rallied by 3.4%-3.5% over the past two weeks. Bond markets...

The threat of the US not servicing its debt to China, the loss of 20.5 mln jobs last month, nor the prospect of negative interest rates have undermined the US dollar. It sat at the fulcrum between the currencies seen as beneficiaries of risk appetites, namely the dollar bloc and Scandis and ...

Overview: There is a sense of indecision in the air today. There have been several developments, but investors seem mostly reluctant to extend positions. China reported a surge in exports in April and an increase in the value of reserves. Australia reported a rise in exports in March. The Ba...

Overview: The S&P 500 recovered yesterday after dipping trading below the 20-day moving average for the first time in a month. The key area is the gap between the April 30 low (~2892.5) and the May 1 high (~2869). Oil reversed higher as well. June crude was off nearly 9% in the US mornin...

Overview: The constructive mood among investors in April has given way to new concerns as May gets underway. Japan and China are still on holiday, but most of the other markets in Asia fell, led by 4.5%-5.5% declines in Hong Kong and India, and more than 2% in most other local markets. Austr...

The dollar fell against all the major currencies and most of the emerging market currencies last week. The Dollar Index fell by 1.3%, the biggest loss since the last week of March, and posted its lowest close in nearly three weeks ahead of the weekend. There seemed to be a change in the mark...

Back in February, I made the argument that the SEK/EUR is set to see downside in the months ahead. My primary reason for making this argument was that the Riksbank would be forced to do a U-turn on its prior commitment to raising rates as a result of the economic damage from COVID-19. ...

Overview: Equities continue to recover even as deep economic contractions are reported. Yesterday, the US said Q1 GDP contracted at an annualized pace of 4.8%, while the eurozone reported today that output fell 3.8% quarter-over-quarter in Q1. Hong Kong and South Korea were closed, but the r...