Australian Dollar Trust Currencyshares (NY: FXA )
64.58 +0.16 (+0.25%) Official Closing Price Updated: 8:00 PM EDT, May 26, 2023 Add to My Watchlist
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Bank Stress Hobbles The Dollar, While Dissents Make The 50 Bp Hike By Sweden Less Than Hawkish
April 26, 2023
As widely expected, Sweden's Riksbank lifted its repo rate 50 bp to 3.50%. The swaps market sees a terminal rate near 4.0%. Indeed, another 50 bp hike at the June 29 meeting cannot be ruled out yet.
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