Canadian Dollar Trust Sees Significant Outflow as Investors Flee Loonie
Invesco's CurrencyShares Canadian Dollar Trust saw a significant outflow of funds on August 20, 2026, totaling $3.54 million.
This amount represents about 5.6% of the fund's total assets under management, which stands at $63.68 million.
The related asset, FX:USD-CAD, has been trading relatively flat over the past three months, with a gain of just 0.15%, and is currently priced at 1.37489.
Despite this, short-term momentum for the Canadian dollar against the U.S. currency appears to be bearish, as indicated by the one-day technical signal on the pair flashing a cautious Sell.