FXC - Invesco CurrencyShares Canadian Dollar
| Previous Close | 73.98 |
| Open | 74.37 |
| Bid | 73.76 x 800 |
| Ask | 74.12 x 2200 |
| Day's Range | 74.04 - 74.40 |
| 52 Week Range | 72.19 - 78.74 |
| Volume | 82,379 |
| Avg. Volume | 37,453 |
| Net Assets | 138.66M |
| NAV | 73.97 |
| PE Ratio (TTM) | N/A |
| Yield | 0.46% |
| YTD Return | 2.55% |
| Beta (3Y Monthly) | 19.40 |
| Expense Ratio (net) | 0.40% |
| Inception Date | 2006-06-21 |
Investopedia•3 months agoHedge Against Exchange Rate Risk with Currency ETFs
- Zacks•5 months ago
Canada Hikes Rate for Third Time in 2018: ETFs in Focus
Bank of Canada has increased rates for the third time this year and fifth time since last year, putting Canadian ETFs in focus.
- ETF Trends•6 months ago
Canada ETFs Gain on New NAFTA Deal with U.S.
The U.S. capital markets all gained on news that the United States and Canada reached an agreement to revamp the North American Free Trade Agreement, which will be called the United States-Mexico-Canada Agreement. Canada ETFs all gained following the announcement--iShares MSCI Canada ETF (EWC) was up 1.07%, Invesco CurrencyShares Canadian Dollar (FXC) gained 0.91%, SPDR MSCI Canada StrategicFactors ETF (QCAN) rose 0.53%, and Invesco Canadian Energy Income ETF (ENY) was up 0.87% as of 12:00 p.m. ET.
- ETF Trends•7 months ago
Canada-U.S. NAFTA Talks Remain ‘Constructive’
According to Canada's Foreign Affairs Minister Chrystia Freeland, ongoing talks with the U.S. remain "constructive" despite the threat of punitive tariffs on Canadian-made cars if Canada spurns the prospect of a new North American Free Trade Agreement come Friday. "It was a very constructive meeting with Ambassador (Robert) Lighthizer and his team and we'll be back again tomorrow," said Freeland. In the meantime, Canada-focused ETFs could be poised to gain, such as iShares MSCI Canada ETF (EWC) , JPMorgan BetaBuilders Canada ETF (BBCA) and Invesco CurrencyShares Canadian Dollar (FXC) .
- ETF Trends•9 months ago
Canada ETFs Mostly Down on Retaliatory Tariffs Against U.S.
Canada is the latest country to join in on the tariff battle against the United States as it imposed retaliatory tariffs last Friday in response to U.S. duties on steel and aluminum, causing most Canada-focused ETFs to open on the downside in the early going of Monday's trading session. iShares MSCI Canada ETF (EWC) opened down 1.37 percent, Invesco CurrencyShares Canadian Dollar (FXC) was down 0.41 percent, SPDR MSCI Canada StrategicFactors ETF (QCAN) was the only Canada ETF to open in the green--up 0.6 percent , and Invesco Canadian Energy Income ETF (ENY) opened down at 0.87 percent.
- ETF Trends•9 months ago
Trade Scuffle Deals a Blow to Canada ETF
The biggest Canada country-specific ETF is experiencing heavy outflows as President Donald Trump ramps up his trade rhetoric. The iShares MSCI Canada ETF (NYSEArca: EWC), the largest U.S.-listed ETF tracking ...
- Market Realist•9 months ago
Why the US Dollar Fell amid Trade War Jitters
The US Dollar Index (UUP) posted four consecutive daily declines in the previous week as trade tensions escalated between the US and its trading partners. The interesting thing, however, was that the decline in the US dollar was because of the declining bond yields rather than appreciation of other currencies. The increased positive correlation between the US dollar and the US bond yields was the key driver in the US dollar rally in recent weeks.
- Market Realist•9 months ago
US Dollar Is Dominating the Forex Markets
The US Dollar Index (UUP) managed a sharp recovery last week. The appreciation seemed to be due to tariff announcements instead of the Fed’s hawkish tone after the May FOMC meeting. The only interpretation of the rise in the US dollar would be that investors were seeing trade tensions as a temporary setback to global trade, which could result in a better deal for the US. The US Dollar Index closed for the week ending June 15 at 94.78 and appreciated 1.3%.
- Market Realist•9 months ago
Will Extreme Noise and Volatility Limit US Dollar Gains This Week?
What's in Store for Foreign Exchange Markets This Week? The US Dollar Index (UUP) gave up some of its gains as short covering in the FX (foreign exchange) markets and a decline in US bond (BND) yields took their toll. Economic data from the US was limited, but traders’ anxiety about the G7 summit, the US-North Korea summit, and a series of central bank meetings limited any gains in the US dollar.
- Market Realist•10 months ago
What’s Driving the US Dollar Higher?
The US Dollar Index (UUP) continued to appreciate but did so slowly in the week that ended on May 25. Rising political uncertainty in Europe, seesawing trade negotiations between the United States and China, and the diplomatic tussle between the United States and North Korea had an impact on currency markets in the week.
- Market Realist•10 months ago
Can the US Dollar Continue to Surge Higher?
Last week, the US dollar (UUP) index bounced back from a minor pullback in the week ended May 11. Both are positive for the US dollar. According to the latest Commitment of Traders report released on May 18 by the Chicago Futures Trading Commission, large speculators and traders have trimmed their short positions on the US dollar index.
- Market Realist•10 months ago
What Drove the US Dollar Lower Last Week
The US dollar index (UUP) took a breather last week, closing at 92.44, 0.03% higher than its close of 92.41 in the week ended May 4. The US dollar’s three-week rally was interrupted by the weak inflation report published last week, which was preceded by a weak jobs report on May 4. This US dollar slowdown could only be a speed breaker as the Fed remains the only central bank expected to tighten policies in the near term. The recently rejuvenated dollar-bond market correlation could continue supporting the dollar against major developed, developing, and emerging market currencies.
- Market Realist•10 months ago
Dollar Bears Under Pressure as Short Squeeze Continues
In April, the US dollar index posted one of its best monthly gains (2.0%) since November 2016, and it looks set to continue with the trend this month. The main reason for this appreciation has been a higher positive correlation between the US dollar and bond yields. Rising bond yields increase the US-international bond spread, which increases preference for US bonds as they have better ratings.
- Market Realist•11 months ago
US Dollar Falls after Trump Comments on April 16
The US dollar (UUP) came under pressure after Donald Trump, in a tweet, accused Russia and China “playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!” Trump’s complaint has been interpreted as an attempt to escalate tensions to achieve favorable trade negotiation terms. According to the latest Commitment of Traders report, released on April 13 by the Commodity Futures Trading Commission, large speculators and traders have increased their short positions on the US dollar for a third consecutive week. This amount is a combination of the US dollar’s contracts against the combined contracts of the euro (FXE), British pound (FXB), Japanese yen (FXY), Australian dollar (FXA), Canadian dollar (FXC), and Swiss franc.
