FXC Sees Double-Digit AUM Outflow as Loonie Faces Rate Expectation Shift

The Invesco CurrencyShares Canadian Dollar Trust's FXC fund has seen significant outflows, losing $7.01 million on September 17, representing a 10.6% reduction of its total assets under management to $66.0 million.

This substantial redemption indicates growing investor unease with the Canadian dollar's performance amid shifting interest-rate expectations.

Despite the outflows, FXC remains a key vehicle for U.S. investors seeking targeted exposure to the loonie, and such a large single-day move suggests a tactical shift rather than a structural retreat.