FXA Taking a Beating on Fed Action. THE inflation loving currency is the Aussie. Well moving ahead of the inflation curve (causing deflation) FXA sellers have been out in force since Wednesday. http://stockcharts.com/c-sc/sc?s=FXA&p=D&b=5&g=0&i=t38423784232&r=1482186888217 So how long will the deflationary pulse last...one guess is as good as any other.