Invesco CurrencyShares Canadian Dollar Trust

FXC tracks the changes in value of the Canadian dollar relative to the US dollar.

JPMorgan BetaBuilders Canada ETF

iShares MSCI Canada ETF

Franklin FTSE Canada ETF

iShares Currency Hedged MSCI Canada ETF

Since December, despite a parabolic move in fossil fuels (priced in U.S. dollars), the Canadian dollar has not followed along for the ride.

Canadian Equities Are No Safe Haven

Bank Of Canada Hikes Rates, Signals More To Come In Fight Against Inflation

We look for the Bank of Canada to raise interest rates 25bp on January 26. Activity is strong, the economy is seeing record employment, and inflation is at 30-year highs.

Bank Of Canada Set For Lift-Off

Global economic recoveries are happening around the world despite the swift rise in COVID cases from the Omicron variant, and this should help benefit the Canadian dollar. “The Canadian dollar is expected to strengthen over the coming year as global economic recovery continues from the COVID-19 crisis but gains for the currency could be kept [.

Global Recovery Could Boost Canadian Dollar and This ETF

ProShares UltraShort Australian Dollar

iShares MSCI Australia ETF

iShares MSCI United Kingdom ETF

iShares MSCI United Kingdom Small Cap ETF

First Trust United Kingdom AlphaDEX Fund

Franklin FTSE Australia ETF

Franklin FTSE United Kingdom ETF

Invesco CurrencyShares Australian Dollar Trust

Invesco CurrencyShares British Pound Sterling Trust

iShares Currency Hedged MSCI United Kingdom ETF

Invesco DB US Dollar Index Bearish Fund

WisdomTree Bloomberg US Dollar Bullish Fund

Invesco DB US Dollar Index Bullish Fund

Retail investors trading instruments linked to currency pairs on the exchange in November indicated a positive outlook for the Canadian and Australian dollars, as well as the British pound, against the US dollar. For much of last month, the Federal Reserve stood out from many central banks by maintaining a looser monetary policy than several of its peers, leading investors to favour other currencies over the US dollar in the short term.

U.S. Dollar Loses Favor Among Retail Investors Preferring Tighter Monetary Policy

Omicron's emergence will mean the BoC will tread carefully. However, strong growth, a booming jobs market and bubbling inflation pressures suggest we remain on course for four rate hikes in 2022.

Bank Of Canada Preview: Still On Course For 4 Rate Hikes

SSgA Active Trust - SPDR Solactive Canada ETF

Housing starts skyrocketed 21.6% month over month (m/m) in March after the 11.7% m/m decrease in the previous month. Urban multifamily starts soared 33.8% m/m to an all-time high while single starts jumped 3.6% m/m, reaching the highest level since April 2010. Rural starts increased 2.0% m/m.

Canadian Housing Starts Surged To A Record High

Canadian government bond yields have increased along with global rates, while the Canadian exchange rate has strengthened against the currencies of Canada's largest trading partners. Although the BoC is also likely to pull forward their guidance for when rate hikes are likely to begin (from 2023 to 2022), we don't think they should be in a hurry to raise overnight rates.

Bank Of Canada: Walking A Tightrope

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).

After a Blowout Jobs Report, Is The Canadian Dollar Now in Play?

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 currencies as a hedge, for short-term gains or for long-term holds, with funds like the Invesco CurrencyShares Canadian Dollar Trust (FXC).

The Canadian Dollar: A Surprise Hedging Vehicle?

Invesco CurrencyShares Canadian Dollar Trust ETF has rallied by over 10% since March 18th, 2020. However, market buying activity in FXC has resumed as coronavirus cases have increased and we think this is the type of bullish trend activity that is most likely to continue.

FXC: Looking For Status As A Safe Haven

WisdomTree Emerging Currency Strategy Fund

Invesco CurrencyShares Euro Trust

SPDR Gold Trust

SPDR S&P 500 ETF Trust

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.

Goldman Expects Dollar Weakness: ETFs to Play

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You might not think of Indonesian copper miners or Third World payment processors as natural beneficiaries of the present economic situation. Yet they are thriving today.

2 Off-the-Radar Names Making Huge Moves

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 potential value play when the country’s economy staves off the effects of the pandemic.

Keep an Eye on Canada ETFs After Country’s GDP Falls 8.2%

Invesco Currencyshares Japanese Yen Trust

These currency ETFs won and lost in the past month, which was marked with COVID-19-led lockdowns and huge economic stimulus.

Currency ETF Winners & Losers of Past Month

VelocityShares Daily 4x Long USD vs EUR ETN

Citigroup Glbl Structured Instrument 2017-16.08.32 (Exp.09.08.32) on JAN VEL SH LIB DL Series N

Market Vectors Double Short Euro ETN

PrShrs Trust II Shs Proshares Short Euro

ProShares UltraShort Euro

VelocityShares Daily 4x Long EUR vs USD ETN

ProShares Ultra Euro

Morgan Stanley Exch Traded Nts 2008-30.4.20 Series -F- Linked to Double Long Euro Index

EUR/CAD: Potential For Bearish Reversal

iShares 7-10 Year Treasury Bond ETF

Retail Currency Hedging For Your Equity And Bond Positions

Vanguard Total Bond Market ETF

SPDR Bloomberg International Treasury Bond ETF

Teucrium Corn Fund

Invesco DB Agriculture Fund

iPath Bloomberg Commodity Index Total Return ETN

VanEck J.P Morgan EM Local Currency Bond ETF

iShares MSCI Mexico ETF

Global X MSCI Greece ETF

VanEck International High Yield Bond ETF 

SPDR Bloomberg High Yield Bond ETF

iPath Bloomberg Cocoa Subindex Total Return ETN

Invesco International Corporate Bond ETF

Aberdeen Standard Physical Platinum Shares ETF

Teucrium Soybean Fund

iShares TIPS Bond ETF

iShares MSCI Turkey ETF

United States Natural Gas Fund LP

United States Oil Fund LP

Vanguard FTSE Developed Markets ETF

Vanguard Real Estate ETF

There are many value metrics and so no one should confuse the 5-year performance benchmark as the definitive measure of bargain-priced assets.

Deep-Value ETF Report: Commodities/Energy Remain Out Of Favor

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 dollar was on 2019’s best-performing major currencies.

Don’t Expect Much From This Currency ETF in 2020

First Trust NASDAQ Global Auto Index Fund

iPath Bloomberg Livestock Subindex Total Return ETN

VanEck Vectors Steel ETF

Industrial Select Sector SPDR Fund

The U.S. House of Representatives passed the USMCA deal, which is now likely to be approved by the Senate. The deal could make or break these ETFs.

NAFTA Gone, USMCA In: ETFs in Focus

WisdomTree Chinese Yuan Strategy Fund

Invesco DB G10 Currency Harvest Fund

Market Vectors-Indian Rupee/USD ETN

Whether it’s for a long-term hold or short-term trading opportunities, currency exchange-traded products (ETPs) give investors exposure to a market where cash is proverbially king.

10 Best-Performing Currency ETPs so Far in 2019

These ETFs should benefit if the USMCA deal sees the light of day soon.

News for Invesco CurrencyShares Canadian Dollar Trust ETF (FXC)