FXC News and Press, Invesco CurrencyShares Canadian Dollar Trust From 05/18/24

2024-05-18 13:25:00 ET Summary The highlight of the week may be the preliminary May PMI estimates. Though, market participants appear to put more weight on the ISM than the PMI. Former President Trump has threatened higher tariffs on all Chinese goods if he is elected. The direct ...

2024-05-17 07:05:00 ET Summary The dollar's recovery begun yesterday has extended into today's activity. Japan's markets were mixed, but South Korea, Taiwan, and Australian and New Zealand shares fell. The spring EC forecast recognized that fragile recovery is taking hold in t...

2024-05-15 08:35:00 ET Summary The dollar is trading weakly against G10 currencies and emerging market currencies as the market expects softer US CPI and retail sales data. US interest rates are softer, with Treasury yields at their lowest level since April 10. Equities are mo...

2024-05-14 06:55:00 ET Summary The tone in the foreign exchange market today is mostly consolidative. The US is set to announce a new set of tariffs on a wide range of Chinese goods later today. The longest rally in Europe's Stoxx 600 since October-November 2021 is being chall...

2024-05-11 11:00:00 ET Dollar strength has been making headlines recently as the Japanese yen (USDJPY) slid to a three-decade low against the greenback. The dollar is up against the euro (USDEUR)(EURUSD), the British pound (USDGBP)(GBPUSD) … the list goes on. The  “gr...

2024-05-04 11:10:00 ET Summary The US economy's resilience and stickiness of price pressures have led to a reassessment of Fed policy, causing a rise in US interest rates and a stronger dollar. Concerns about US fiscal policy and the stronger dollar have heightened among countries...

2024-05-03 09:12:24 ET More on Invesco CurrencyShares Canadian Dollar Trust ETF Bank of Canada stands pat on rates for sixth straight meeting Seeking Alpha’s Quant Rating on Invesco CurrencyShares Canadian Dollar Trust ETF Dividend scorecard for Invesco Curren...

2024-05-03 06:50:00 ET Summary The US dollar is trading with a softer bias ahead of the US jobs report, with recent survey data warning of downside risks. The Norwegian krone is the strongest G10 currency after the central bank delivered a hawkish hold on rates. Asian equities...

2024-05-02 07:00:00 ET Summary It appears that with the market challenging Monday's intervention, Japanese officials entered the market shortly after the US equity market closed yesterday, as the Asia Pacific session go underway and sold dollars again. The offshore yuan is trading...

2024-05-01 12:32:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...