Geopolitics Alpha

Aussie Dollar loses grip on 0.70 rally as Fed, RBA inflation tests lurk

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GEOPOLITICS ALPHAAussie Dollar loses grip on 0.70rally as Fed, RBA inflation testslurkGEOPOLITICS ALPHA

This report is about US interest rates and inflation and prices.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-0.9% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • TIP iShares TIPS Bond ETF-0.5% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • EWA iShares MSCI Australia ETF+2.2% 30d

    iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“rba”).

  • FXA Invesco CurrencyShares Australian Dollar Trust

    Invesco CurrencyShares Australian Dollar Trust follows the Australian dollar, whose moves this story covers.

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Australia

  • EFA iShares MSCI EAFE ETF-2.2% 11d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Australia

  • JPM JPMorgan Chase-3.8% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-1.92%+0.06%base-0.03%-0.83%after closeafter close
IEF-0.97%+0.09%base-0.01%-0.33%after closeafter close
TIPNo price data for this ticker———————
EWANo price data for this ticker———————
FXANo price data for this ticker———————
BWXNo price data for this ticker———————
EFANo price data for this ticker———————
JPM+0.37%+0.74%base+0.52%+1.56%after closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Aussie Dollar loses grip on 0.70 rally as Fed, RBA inflation tests lurk FXStreet

Source: FXStreet

This story

CompanyWhenMoveStatus
IEFthat day-0.01%final price
IEFthe next day-0.33%final price
IEFthree days earlier+0.09%final price
IEFfive days earlier-0.97%final price
JPMthat day+0.52%final price
JPMthe next day+1.56%final price
JPMthree days earlier+0.74%final price
JPMfive days earlier+0.37%final price
TLTthat day-0.03%final price
TLTthe next day-0.83%final price
TLTthree days earlier+0.06%final price
TLTfive days earlier-1.92%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Aussie Dollar loses grip on 0.70 rally as Fed, RBA inflation tests lurk” scores 12 out of 100. The score uses 1 sources.