Forex
FXC Investors Flee as USD-CAD Flashes Buy Signal
Investors pulled out over $7 million from Invesco CurrencyShares Canadian Dollar Trust's FXC on September 17, 2026, resulting in a 10.6% reduction of assets under management to $66.386 million.
The move is notable as the related asset USD-CAD is currently trading at 1.39998, down about 1.2% over the past three months. Despite this, technical analysis suggests a near-term Buy signal for the U.S. dollar against the Canadian dollar.
Experts point to tactical repositioning rather than a wholesale bearish turn on the loonie, as some investors may be taking profits after earlier strength in the Canadian currency while others prepare for upcoming North American economic data.