Invesco CurrencyShares Canadian Dollar Trust
FXC

$72.07

0.4%

Market Cap: $61.3M

Financials Commodity Contracts Brokers & Dealers

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

29% more funds holding

Funds holding: 14 [Q1] → 18 (+4) [Q2]

6% more capital invested

Capital invested by funds: $6.89M [Q1] → $7.31M (+$416K) [Q2]

0.86% more ownership

Funds ownership: 11.91% [Q1] → 12.77% (+0.86%) [Q2]

54% less call options, than puts

Call options by funds: $3.53M | Put options by funds: $7.75M

67% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 3

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Research analyst outlook

We haven’t received any recent analyst ratings for FXC.

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Financial journalist opinion

Bank Of Canada Cuts For A Third Time With Rates Heading Towards 3%

The BoC cut rates for a third consecutive meeting, citing easing inflation pressures, rising unemployment and a cooling economy. Further cuts are coming, and we are targeting 3% rates for next summer.

Bank Of Canada Cuts For A Third Time With Rates Heading Towards 3%

Bullish on FXC, VZ, CZR

Invesco CurrencyShares Canadian Dollar Trust ETF (FXC), Verizon (VZ), and Caesars (CZR) are today's big three names. Alan Knuckman and Ben Lichtenstein discuss the technical trends, as well as how to trade FXC, VZ, and CZR.

Bullish on FXC, VZ, CZR

The Bank Of Canada Cuts Its Overnight Rate To 4.75%

Bank of Canada cuts rates for the first time since 2020. How deep will the BoC rate cuts be in 2024?

The Bank Of Canada Cuts Its Overnight Rate To 4.75%

Bank of Canada Sticks To Cautious Approach

The BoC has left its policy statement almost unchanged compared to January, defying some expectations that easing references would have been introduced today. This suggests a fairly low chance of a rate cut in April, even though June remains on the table, in our view.

Bank of Canada Sticks To Cautious Approach

Zacks Investment Research

Play These Currency ETFs Amid Rising Rate Cut Bets

Driven by increased bets of interest rate cuts and a rising trend towards de-dollarization, the greenback is gradually losing its global dominance.

Play These Currency ETFs Amid Rising Rate Cut Bets

Bank Of Canada In Holding Pattern Ahead Of Summer Easing

The Bank Of Canada turns a notch more dovish at the March meeting, given the lower-than-expected inflation figures. However, we only expect rate cuts to start in June, and take the policy rate 100bp lower by year-end.

Bank Of Canada In Holding Pattern Ahead Of Summer Easing

Zacks Investment Research

Diversify Your Portfolio With These Currency ETFs

The greenback???s subdued future expectations, driven by different economic factors, increase the need to hedge and diversify one's portfolio.

Diversify Your Portfolio With These Currency ETFs

Bank of Canada Holds Key Interest Rate Steady At 5% For Third Straight Decision

Is the Bank of Canada done with rate hikes and when can we see potential cuts. How are money markets pricing in BoC rate policy in 2024.

Bank of Canada Holds Key Interest Rate Steady At 5% For Third Straight Decision

Bank of Canada Retains Its Hawkish Bias

Bank of Canada kept rates unchanged as expected, but had to recognize that rates are “clearly restraining spending” and that disinflation is happening at a faster pace. However, that was not enough to drop the threat of another hike if necessary.

Bank of Canada Retains Its Hawkish Bias

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