Canadian Dollar Sees Surge as Investors Bet on Further US Dollar Weakness

A significant influx of $3.53 million in new money has entered the Invesco CurrencyShares Canadian Dollar Trust's FXC on September 01, 2026.

This fresh cash injection lifted the trust's assets under management to about $70.88 million, with nearly 5% of its AUM shifting in a single day.

The related asset, FX:USD-CAD, is currently trading at 1.38027, down roughly 1% over the past three months.

Despite this recent slide, the short-term technical picture for USD/CAD remains bearish, with a 1-day signal flashing Strong Sell, indicating traders expect further U.S. dollar weakness against the loonie.