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Canadian Dollar ETF Sees $3.54M Outflow as Traders Back US Dollar

Guavy AI Editorial Team
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USD CAD
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A sharp outflow of $3.54 million from the Invesco CurrencyShares Canadian Dollar Trust's FXC on August 20, 2026, underscores growing investor unease over the Canadian dollar's prospects.

The sudden withdrawal is equivalent to about 5.6% of its $63.58 million in assets under management and reflects a shift towards favoring U.S. dollar strength.

The related asset, FX:USD-CAD, is currently trading at 1.38847, with short-term momentum sitting at Hold due to indecisive trading.

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