Canadian Dollar ETF Sees Big Inflow as Traders Tilt Back Toward the Loonie
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The Invesco CurrencyShares Canadian Dollar Trust, ticker FXC, drew a sizable new wave of capital on January 06, 2026, with inflows of $7.11 million. That single-day move represents about 8.72% of the fund’s latest reported assets under management of $81.54 million, signaling a renewed conviction trade on the Canadian dollar after a choppy few months in FX markets.
The related currency pair, FX:USD-CAD, is currently trading at 1.38767. Over the last three months, the pair has slipped a modest 0.50%, reflecting a mild strengthening bias in the Canadian dollar versus the U.S. dollar. Despite that relatively flat medium-term performance, the short-term setup is leaning constructive: the 1-day technical signal screens as Buy, suggesting momentum traders see scope for further CAD gains or at least continued pressure on USD strength at current levels.
An inflow of nearly 9% of AUM in a single session is notable for a currency-focused ETF and may reflect investors repositioning around expectations for interest rate differentials between the Bank of Canada and the Federal Reserve, as well as shifting sentiment on oil prices and the broader commodity complex that often influence the Canadian dollar. If the CAD continues to firm and technical indicators retain their bullish tilt, FXC could see additional inflows from investors seeking a targeted play on North American currency dynamics rather than a broad-based FX basket.
For a more detailed analysis and real-time sentiment trends, check the live currency exchange rates here.