Invesco CurrencyShares Australian Dollar Trust (FXA)
| Assets | $64.23M |
| Expense Ratio | 0.40% |
| PE Ratio | n/a |
| Shares Out | 1,000,000 |
| Dividend (ttm) | $1.00 |
| Dividend Yield | 1.56% |
| Ex-Dividend Date | Nov 1, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -0.21% |
| Volume | 4,528 |
| Open | 64.32 |
| Previous Close | 64.69 |
| Day's Range | 64.25 - 64.39 |
| 52-Week Low | 63.32 |
| 52-Week High | 68.78 |
| Beta | 0.44 |
| Holdings | 1 |
| Inception Date | Jun 21, 2006 |
About FXA
Fund Home PageThe Invesco CurrencyShares Australian Dollar Trust (FXA) is an exchange-traded fund that is based on the Australian Dollar per U.S. Dollar index. The fund tracks the changes in value of the Australian dollar (AUD) relative to the US dollar. FXA was launched on Jun 21, 2006 and is issued by Invesco.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 1, 2024 | $0.086 | Nov 7, 2024 |
| Oct 1, 2024 | $0.087 | Oct 7, 2024 |
| Sep 3, 2024 | $0.088 | Sep 9, 2024 |
| Aug 1, 2024 | $0.085 | Aug 7, 2024 |
| Jul 1, 2024 | $0.084 | Jul 8, 2024 |
| Jun 3, 2024 | $0.086 | Jun 7, 2024 |
News
Australia: 3Q23 GDP Growth Softens
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 Inflation: Too High To Ignore
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...
Australia: Inflation Back On The Rise
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 inflat...
Australia: GDP Holding Up Better Than Expected
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 ...
Australia: How To Ride A Bumpy Disinflationary Path
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 h...
FXA: Fade This AUD Play In The Face Of A Gloomy Near-Term Outlook
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 slu...
FXA ETF: Stay Alert As Risk-Off Positioning Grows
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.
Currency ETFs Serving as Commodity Proxies
Canada, Australia dollar funds FXA, FXC may be positioned well for China growth.
The Reasons Why Australia's Economy Is Slowing
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 t...
Australian Economy Under Pressure Amid Strong Inflation, But Signs Of Price Peak Appear
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 ...
U.S. Dollar Loses Favor Among Retail Investors Preferring Tighter Monetary Policy
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 th...
Australia-China Trade Tensions: The Great Escape?
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,...
Flash Australia PMI Price Gauges Hit New Highs As Economy Continues To Revive
Flash Australia composite PMI eases from record high but remains elevated. Jobs growth surges to survey record.
Australian Economy Rebounds In Early 2021
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 20...
FXA: Searching For Safe Havens In Currencies
As global markets have entered into territory that is truly uncharted, historical increases in economic uncertainty have helped safe haven currencies outperform.
FXA: Ready For More Gains
Global economic trends continue to be the dominant influencer in currency markets, and these factors have clearly influenced some regions more than others.
FXA: Poised For Gains Post-COVID-19
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.
