Canadian Dollar ETF Draws Fresh Bets as Invesco’s FXC Sees 4% AUM Inflow
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Invesco CurrencyShares Canadian Dollar Trust’s FXC attracted $3.57 million in new money on February 24, 2026, marking a notable vote of confidence in the loonie. The inflow, equal to about 4% of the fund’s $89.26 million in assets under management, stands out in a currency ETF space that has recently seen choppy flows.
The move suggests investors are positioning for further Canadian dollar strength or at least relative resilience against the greenback. The related asset, FX:USD-CAD, is currently trading at 1.36779, down roughly 2.57% over the past three months as the U.S. dollar has given up ground.
Despite that medium-term drift lower in the pair, short-term signals remain cautious for dollar bulls. The 1-day technical call on USD/CAD sits at Sell, hinting that near-term momentum may continue to favor the Canadian currency if macro data and oil prices cooperate.
For a more detailed analysis and real-time sentiment trends, check the live currency exchange rates here.