Invesco CurrencyShares Australian Dollar Trust

FXA tracks the changes in value of the Australian dollar (AUD) relative to the US dollar.

iShares MSCI Australia ETF

Franklin FTSE Australia ETF

Weaker GDP growth in Australia may indicate that the Reserve Bank of Australia (RBA) is done hiking rates. Trade data suggests that the GDP growth figure for Q3 2023 will not meet expectations.

Australia: 3Q23 GDP Growth Softens

Australian Consumer Price Index (CPI) surprises with higher-than-expected inflation, potentially leading to a restart of the Reserve Bank of Australia's hiking cycle. RBA projections for inflation may need to be revised as GDP and labor market data remain strong, putting pressure on the central bank to deliver another rate hike.

Australia Inflation: Too High To Ignore

While this is mostly down to less helpful base effects, international energy prices and excise duty hikes, it is not safe to conclude that the RBA rate cycle has peaked. At 5.2% YoY, the August inflation figures were bang in line with expectations.

Australia: Inflation Back On The Rise

2Q23 GDP was stronger than expected, and revisions to past data also show the economy has slowed less than was previously assumed. The quarter-on-quarter growth was also a bit stronger at 0.4% (ING f 0.2%), but it was revisions to the back data that made most of the difference to the annual growth rate.

Australia: GDP Holding Up Better Than Expected

Australia's growth outlook has cooled off, but the labour market remains too tight and the decline in inflation has been primarily due to base effects. We disagree with markets' expectations that we have seen the peak in RBA rates, and expect at least one more hike.

Australia: How To Ride A Bumpy Disinflationary Path

WisdomTree Chinese Yuan Strategy Fund

ProShares UltraShort Euro

Invesco CurrencyShares British Pound Sterling Trust

Invesco CurrencyShares Canadian Dollar Trust

Invesco CurrencyShares Euro Trust

Invesco Currencyshares Japanese Yen Trust

iShares 7-10 Year Treasury Bond ETF

ProShares UltraShort 20+ Year Treasury

iShares 20+ Year Treasury Bond ETF

Invesco DB US Dollar Index Bearish Fund

ProShares Ultra Euro

WisdomTree Bloomberg US Dollar Bullish Fund

Invesco DB US Dollar Index Bullish Fund

ProShares Ultra Yen

ProShares UltraShort Yen

Marc Chandler and James Foord discuss international markets, economies and currencies. Has the Fed conquered inflation?

Falling Inflation, Dollar Dominance And PBOC Moves With Marc Chandler

The RBA's surprise hawkishness this month may have boosted the AUD, but the near-term setup is far from compelling. The global commodity downcycle has shown no signs of slowing down, while China's sluggish ex-services recovery offers little offset.

FXA: Fade This AUD Play In The Face Of A Gloomy Near-Term Outlook

Invesco CurrencyShares Australian Dollar Trust ETF is designed to profit from the appreciation of the AUD/USD pair. Currently, conditions don't look too favorable.

FXA ETF: Stay Alert As Risk-Off Positioning Grows

Canada, Australia dollar funds FXA, FXC may be positioned well for China growth.

Currency ETFs Serving as Commodity Proxies

Australia's economy is showing clear signs of slowing and will drop further in 2023. House price growth appears to be on the cusp of turning negative and provides a rationale for a peak cash rate at the relatively low level of 3.6%.

The Reasons Why Australia's Economy Is Slowing

The release of the Australia flash PMI on the 24th of October will be eagerly awaited after recent PMI survey data, compiled by S&P Global, signalled that inflationary pressures remained a major risk to the health of Australia's private sector economy. Record rates of input cost and output price inflation were recorded by the Australia PMI surveys only very recently, in April and July of this year, respectively.

Australian Economy Under Pressure Amid Strong Inflation, But Signs Of Price Peak Appear

JPMorgan BetaBuilders Canada ETF

ProShares UltraShort Australian Dollar

iShares MSCI Canada ETF

iShares MSCI United Kingdom ETF

iShares MSCI United Kingdom Small Cap ETF

First Trust United Kingdom AlphaDEX Fund

Franklin FTSE Canada ETF

Franklin FTSE United Kingdom ETF

iShares Currency Hedged MSCI Canada ETF

iShares Currency Hedged MSCI United Kingdom ETF

Retail investors trading instruments linked to currency pairs on the exchange in November indicated a positive outlook for the Canadian and Australian dollars, as well as the British pound, against the US dollar. For much of last month, the Federal Reserve stood out from many central banks by maintaining a looser monetary policy than several of its peers, leading investors to favour other currencies over the US dollar in the short term.

U.S. Dollar Loses Favor Among Retail Investors Preferring Tighter Monetary Policy

VelocityShares Daily 4x Long USD vs AUD ETN

Aberdeen Australia Equity Fund Inc

Citigroup Glbl Underlying Tracker 2017-15.12.32 (Exp.08.12.32) on VS Dly 4XL AUDvsUSD Series N

China-Australia trade tensions have escalated significantly in 2020-21, with Australian exports of goods having been impacted by an increasing array of trade policy actions by China. Even during 2019, there had been some temporary disruptions of Australian coal shipments to certain Chinese ports, with long delays in permission to unload Australian coal cargoes at Chinese ports.

Australia-China Trade Tensions: The Great Escape?

Flash Australia composite PMI eases from record high but remains elevated. Jobs growth surges to survey record.

Flash Australia PMI Price Gauges Hit New Highs As Economy Continues To Revive

SPDR Gold Trust

Aberdeen Standard Physical Platinum Shares ETF

iShares Silver Trust

SPDR S&P 500 ETF Trust

US economic growth is expected to peak in Q2 2021. Peak growth could lead to peak inflation expectations and peak interest rates.

Peak U.S. Growth - Peak Inflation Expectations - Peak Interest Rates

The Australian economy has rebounded in early 2021 from the impact of the COVID-19 pandemic restrictive measures that hit domestic demand during 2020. Australian GDP growth in the fourth quarter of 2020 rose by 3.1% quarter-on-quarter, the second consecutive quarter of positive growth after Australia entered a recession in the first half of 2020 with two consecutive quarters of negative growth.

Australian Economy Rebounds In Early 2021

United States Oil Fund LP

Technology Select Sector SPDR Fund

The macro environment remains stable. The rising US Dollar is capping the rally in commodities.

Global Macro Indicators For April 2021: Spotlight On Interest Rates And US Dollar

The forthcoming U.S. election won't just be a prime mover for the greenback. Other currencies around the globe will be affected by changes to the U.S. dollar after November 3, and Australia's dollar is no different.

Bet on an Aussie Dollar Bounce with the “FXA” ETF

As global markets have entered into territory that is truly uncharted, historical increases in economic uncertainty have helped safe haven currencies outperform.

FXA: Searching For Safe Havens In Currencies

WisdomTree Emerging Currency Strategy Fund

Goldman Sachs recently said that the U.S. dollar may slip to its lows of 2018 on the increasing likelihood of Democratic candidate Joe Biden winning the U.S. election and progress on a coronavirus vaccine.

Goldman Expects Dollar Weakness: ETFs to Play

Global economic trends continue to be the dominant influencer in currency markets, and these factors have clearly influenced some regions more than others.

FXA: Ready For More Gains

The Invesco CurrencyShares Australian Dollar Trust (NYSEARCA: FXA) has fallen by more than 15% since January 2018, despite limited economic disruption coming as a result of the COVID-19 pandemic.

FXA: Poised For Gains Post-COVID-19

Sell In May And Go Away: A Study On All Major Asset Classes

These currency ETFs won and lost in the past month, which was marked with COVID-19-led lockdowns and huge economic stimulus.

Currency ETF Winners & Losers of Past Month

Invesco CurrencyShares Swiss Franc Trust

Market Vectors-Indian Rupee/USD ETN

These currency ETFs gained/lost the most in the past month when the coronavirus outbreak intensified, causing acute global market sell-offs.

News for Invesco CurrencyShares Australian Dollar Trust ETF (FXA)