FXC - Invesco CurrencyShares Canadian Dollar Trust
| Previous Close | 73.04 |
| Open | 72.91 |
| Bid | 73.02 x 2200 |
| Ask | 73.21 x 2200 |
| Day's Range | 72.84 - 73.07 |
| 52 Week Range | 67.34 - 76.19 |
| Volume | 30,122 |
| Avg. Volume | 42,862 |
| Net Assets | 110.55M |
| NAV | 73.08 |
| PE Ratio (TTM) | N/A |
| Yield | 0.69% |
| YTD Daily Total Return | -3.78% |
| Beta (5Y Monthly) | 7.04 |
| Expense Ratio (net) | 0.40% |
| Inception Date | 2006-06-21 |
- ETF Trends
Don’t Expect Much From This Currency ETF in 2020
The decision generated retaliatory duties from Canada and Mexico on U.S. farming goods and a variety of other products, and left a cloud over NAFTA, creating fears that lawmakers in all three nations wouldn’t be able to ratify the deal. “That’s the message from the global head of foreign-exchange strategy at Credit Suisse who expects the tailwinds seen in 2019 to fade,” reports Bloomberg. Higher oil prices and those for other commodities supported the loonie in 2019, but it is believed the Bank of Canada (BOC) will attempt to force the currency lower in the new year.
- Zacks
NAFTA Gone, USMCA In: ETFs in Focus
The U.S. House of Representatives passed the USMCA deal, which is now likely to be approved by the Senate. The deal could make or break these ETFs.
- Zacks
USMCA Trade Deal 'Within Range': ETFs to Benefit
These ETFs should benefit if the USMCA deal sees the light of day soon.
- Investopedia
Small Is Beautiful
Small-cap stocks break out as the U.S. dollar holds top position among major currencies and Brexit headlines drive the British pound higher.
- Investopedia
Hedge Against Exchange Rate Risk with Currency ETFs
Because of their investor-friendly features, currency ETFs are ideal hedging instruments for retail investors to manage exchange risk.
- Investopedia
3 ETFs to Play the Weakening Dollar
The U.S. dollar remains under selling pressure amid expectation of interest rate cuts. Short the greenback using these currency ETFs.
