FXC - Invesco CurrencyShares Canadian Dollar Trust
|Ex-Dividend Date||Mar 2, 2020|
|Trading Day||April 16|
|Day's Range||78.49 - 78.60|
|52-Week Range||69.32 - 79.20|
The investment seeks to track the price of the Canadian Dollar, net of trust expenses. The fund seeks to reflect the price of the Canadian Dollar. The sponsor believes that, for many investors, the shares represent a cost-effective investment relative to traditional means of investing in the foreign exchange market.
|Asset Class |
|Inception Date |
Jun 21, 2006
|Ticker Symbol |
|Index Tracked |
|Mar 2, 2020||$0.056||Mar 9, 2020|
|Feb 3, 2020||$0.057||Feb 10, 2020|
|Jan 2, 2020||$0.034||Jan 9, 2020|
|Dec 2, 2019||$0.051||Dec 9, 2019|
|Nov 1, 2019||$0.054||Nov 8, 2019|
|Oct 1, 2019||$0.036||Oct 8, 2019|
A blowout jobs report in March gave the Canadian dollar a boost, which is seeing bullish interest from traders. ETF investors can angle this play via the Invesco CurrencyShares Canadian Dollar Trust (FXC).
Foreign exchange markets aren't for the risk averse, especially when it comes to dealing with a pandemic that's seeing a higher number of cases rise globally. That being said, it does help to use curren...
Goldman Sachs recently said that the U.S. dollar may slip to its lows of 2018 on the increasing likelihood of Democratic candidate Joe Biden winning the U.S. election and progress on a coronavirus vaccine.
Canada’s first-quarter gross domestic product (GDP) data showed that the impact of COVID-19 is beginning to reflect in economic activity. As such, investors may want to keep an eye on Canada ETFs as a p...
The Invesco CurrencyShares Canadian Dollar (NYSEArca: FXC) enjoyed a solid 2019, gaining about 5%, which qualifies as an impressive performance for a currency-based ETF. That confirms the Canadian dolla...