Canadian Dollar ETF Draws Fresh Cash as Traders Reassess Loonie’s Slide
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The Invesco CurrencyShares Canadian Dollar Trust’s FXC notched a sizeable inflow of $7.11 million on January 06, 2026, a move that shifted sentiment toward the Canadian dollar after a choppy quarter in FX markets. The injection represents roughly 8.7% of the fund’s latest assets under management, which now stand at $81.75 million, signaling that investors are making a decisive allocation rather than a marginal tweak.
The related asset, FX:USD-CAD, is currently trading at 1.38128. Over the past three months, the pair has slipped about 1.07%, suggesting a modest strengthening of the Canadian dollar versus the greenback despite persistent macro headwinds. Short-term sentiment is more cautious, with the one-day technical outlook flashing a guarded Hold, indicating neither bulls nor bears have a clear upper hand for now.
The outsized inflow into FXC hints that some investors may be positioning for further CAD resilience—or at least hedging against a potential pullback in the U.S. dollar—after a period of relative underperformance in commodity-linked currencies. With flows equal to nearly a tenth of AUM arriving in a single day, the fund is emerging as a focal vehicle for traders looking to express macro views around North American interest rate paths and energy-driven terms of trade.
For a more detailed analysis and real-time sentiment trends, check the live currency exchange rates here.