FXC Sees Near-5% AUM Surge Amid Loonie Bullishness
The Invesco CurrencyShares Canadian Dollar Trust's FXC saw a significant influx of fresh capital on September 01, 2026, with $3.53 million entering the fund.
This increase pushed assets under management to $70.93 million, representing nearly a 5% change in the ETF's total value over a single day.
The FX:USD-CAD pair is currently trading at 1.38099, marking a 3-month decline of approximately 1%, which signals a modest strengthening of the Canadian dollar against the U.S. dollar.
Despite this trend, investors seem to be shifting their focus towards the Canadian dollar, with the sizable single-day allocation suggesting growing conviction that it may have room to run if energy prices firm or the Bank of Canada maintains a tighter policy stance than the Federal Reserve.