FXC
CurrencyShares Canadian Dollar Trust ETFNYSEARCA
1d
5d
1m
6m
1y
5y
10y
Advanced Chart
  • Yesterday, 9:21 AM
    • Canada added 10.7K jobs in November vs. expectations for a loss of 20K. The unemployment rate dipped to a five-month low of 6.8% vs. expectations for unchanged at 7%.
    • Digging deeper finds a loss of 8.7K full-time jobs, but a gain of 19.4K part-time positions.
    • The loonie (NYSEARCA:FXC) is active (also dealing with the U.S. jobs numbers), but currently higher by 0.25% vs. the greenback.
    • ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC
    | Yesterday, 9:21 AM
  • Wed, Nov. 30, 11:28 AM
    • The Canadian economy grew at a 3.5% annualized rate in Q3, bouncing back from a 1.3% contraction in Q2 (first estimated as a 1.6% decline), and beating expectations for 3.4%.
    • Helping to boost Q3 were energy exports, which grew 6.1% after dropping 5.1% the previous quarter amid the wildfires in western Canada.
    • Encouraged by the report, BMO Capital hikes its GDP estimate for this year to 1.4% from 1.2%, but next year's estimate holds at 2%.
    • "The report is not going to influence rate policy that much," says RBC's Mark Chandler. "The [Bank of Canada] has said it would require a substantial shock to knock it off its current stance."
    • The loonie (NYSEARCA:FXC) is modestly lower vs. the greenback today, buying $0.7436.
    • ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC
    | Wed, Nov. 30, 11:28 AM
  • Wed, Nov. 16, 4:37 AM
    • Bank of Canada Deputy Governor Timothy Lane will speak about globalization at noon ET and market watchers will look for any hints on the central bank's view of the U.S. election results after it held rates last month citing uncertainties.
    • The U.S. is also Canada's biggest trading partner and the destination for roughly three-quarters of Canadian exports.
    • ETFs: FXC, EWC, CNDA, EWCS, FCAN, QCAN, HEWC
    | Wed, Nov. 16, 4:37 AM
  • Fri, Nov. 4, 8:48 AM
    • The country added 43.9K jobs in October, blowing through estimates for a loss of 10K jobs. September saw job gains of 67.2K.
    • The unemployment rate was steady at 7%.
    • The loonie (NYSEARCA:FXC) has weakened modestly since the report, as U.S. jobs numbers - which showed a sizable gain in wage growth - seemingly lock in a Fed rate hike next month.
    | Fri, Nov. 4, 8:48 AM
  • Fri, Oct. 21, 4:47 PM
    | Fri, Oct. 21, 4:47 PM
  • Fri, Oct. 21, 8:55 AM
    • Canada's CPI rose 1.3% on a year-over-year basis in September, that's up from 1.1% in August. Core CPI, however, decelerated to 1.5% from 1.7%.
    • August retail sales, meanwhile, fell 0.1% vs. what was expected to be a 0.3% gain. Ex-autos, sales were flat vs. +0.3% expected. In addition, July's originally reported -0.1% decline was revised down to -0.2%; July's ex-autos was revised lower as well.
    • The loonie (NYSEARCA:FXC) has tumbled about 100 pips since the news hit, now down 0.8% vs. the greenback at $0.7501.
    • ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC
    | Fri, Oct. 21, 8:55 AM
  • Fri, Oct. 7, 8:51 AM
    • The economy added 67K jobs in September, far outpacing expectations for just 7.5K. The unemployment rate was flat at 7% - inline with forecasts.
    • For all of Q3, employment gains totaled 62K jobs vs. little change in Q2, and 33K added in Q1.
    • On a year-over-year basis, employment rose by 139K or 0.8%, but most of the gains were in part-time work. Total number of hours worked rose just 0.2%.
    • The loonie (NYSEARCA:FXC) has erased earlier losses and is now flat vs. the greenback. Also at work is the U.S. jobs report, which came in just shy of expectations, but surely not enough to push any FOMC official of his/her vote to hike at some point prior to year-end.
    • ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC
    | Fri, Oct. 7, 8:51 AM | 1 Comment
  • Fri, Sep. 23, 9:20 AM
    • Canada's year-over-year inflation rate slipped to 1.1% in August from 1.3% a month earlier. Core inflation fell to a more than two year low of 1.8% from 2.1%. Economists had expected inflation at 1.4% and core inflation at 2%.
    • July retail sales fell 0.1% from June vs. expectations for a 0.1% increase. Falling gasoline prices had much to do with this. On a volume basis, retail sales rose 0.3%.
    • The news has sent the loonie (NYSEARCA:FXC) lower vs. the greenback, now down 0.7% on the session to $0.7613.
    | Fri, Sep. 23, 9:20 AM
  • Wed, Sep. 7, 10:52 AM
    • As expected, the Bank of Canada leaves its benchmark rate unchanged at 0.5%. In the accompanying statement, though, the bank mentions a larger-than-expected drop in exports as hitting economic activity.
    • Those words have shaved nearly 100 pips from the loonie (NYSEARCA:FXC), now lower by 0.5% vs. the dollar at $0.7748. Canadian stocks are down 0.15%.
    • ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC
    | Wed, Sep. 7, 10:52 AM
  • Wed, Aug. 31, 2:34 AM
    • Expectations aren't high for Canada's second-quarter gross domestic product results, which will be released at 8:30 a.m. in Ottawa.
    • The period includes the time when a huge wildfire swept through Fort McMurray, Alberta, leading to the shutdown of several major oil sands operations.
    • Even without the natural disaster, sluggish oil prices have continued to weigh on Canada's economy and a weaker exchange rate failed to revive manufacturing.
    • ETFs: FXC, EWC, CNDA, EWCS, FCAN, QCAN, HEWC
    | Wed, Aug. 31, 2:34 AM
  • Wed, Aug. 10, 9:46 AM
    • Powerful Canadian union group Unifor begins contract talks with the Detroit Three today in what will be a closely watched development. The existing contract expires on September 19.
    • Auto workers in Canada already make more than their U.S. counterparts before F/X swings are factored in which is one of the reason some jobs have gone to Mexico.
    • General Motors (GM +0.2%), Ford (F +0.2%), and Fiat Chrysler Automobiles (FCAU +0.7%) are expected to ask for a variable compensation model with a profit-sharing component - while Unifor pushes for production commitments.
    • Some economists anticipate that the crucial labor negotiations could end up having broad economic ramifications in Canada.
    • Related ETFs: FXC, EWC, FCAN, QCAN, HEWC.
    | Wed, Aug. 10, 9:46 AM | 24 Comments
  • Wed, Jul. 13, 11:32 AM
    • As expected, the Bank of Canada leaves its overnight interest rate at 0.5%. Alongside that, the bank revised its 2016 GDP growth forecast to 1.3% from 1.7% expected in April. 2017 is cut to 2.2% from 2.3%.
    • BoC Governor Stephen Poloz had previously expected the country's economy to return to potential in H2 of 2017, but the bank now sees this as happening closer to the end of next year.
    • Despite the cuts, economists say the bank is presenting a mostly upbeat outlook, and note the bubbly housing market and core CPI consistently above 2%.
    • The loonie (FXC +0.3%) has gained strength since the news hit, now buying $0.7692. Stocks in Toronto are lower by 0.2%.
    • ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC
    | Wed, Jul. 13, 11:32 AM
  • Mon, Jul. 11, 12:24 PM
    • Macquarie had previously expected Canada's central bank to begin raising rates in Q2 of 2018, but has now pushed that forecast out one year.
    • Noted by Macquarie analyst David Doyle is Canada's dependence on housing, and how that ties the hands of the central bank.
    • The upshot, says Doyle, is a widening of rate spreads between Canada and the U.S., where the Fed is expected to take a more aggressive approach to tightening monetary policy.
    • The Canadian dollar (NYSEARCA:FXC), of course, has spent most of this year strengthening against the greenback, buying $0.7621 today vs. about just $0.67 earlier in 2016.
    • ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC
    | Mon, Jul. 11, 12:24 PM
  • Wed, Jun. 29, 5:12 AM
    • Looking to stress the importance of trade, leaders of the U.S., Canada and Mexico will meet today for the annual "Three Amigos Summit" at a time of mounting doubts about the benefits of globalization.
    • All three are part of the Trans-Pacific Partnership, the 12-nation trade deal President Obama had cast as an update to NAFTA.
    • Ahead of the gathering, Canada dropped its visa requirement for Mexican visitors as of December 2016, while Mexico agreed to open its markets to Canadian beef.
    • ETFs: EWW, FXC, EWC, MXF, MXE, CNDA, UMX, EWCS, DBMX, SMK, FCAN, QCAN, QMEX, HEWW, HEWC
    | Wed, Jun. 29, 5:12 AM | 6 Comments
  • Fri, Jun. 24, 8:09 AM
    • The pound (NYSEARCA:FXB) is lower by 8.15% vs. the dollar to $1.3667. It's the lowest level in more than 20 years. It had sunk as low as $1.32 overnight.
    • The euro (NYSEARCA:FXE) is down 3% to $1.1045, the loonie (NYSEARCA:FXC1.8%, the aussie (NYSEARCA:FXA2.5%, and the Swiss franc (NYSEARCA:FXF2%.
    • Stronger vs. the dollar is the yen (NYSEARCA:FXY), up 3.5%.
    • UUP +2.7%, UDN -3% premarket
    • Previously: Futures down sharply as Europe crashes post-Brexit (June 24)
    | Fri, Jun. 24, 8:09 AM | 1 Comment
  • Thu, Jun. 9, 4:18 PM
    • Bank of Canada Governor Stephen Poloz pointed to Vancouver and Toronto as two cities where borrowers are extending themselves in the hopes fast price rises will continue.
    • "We see a rate of price increase that would be very difficult to match up with any definition of fundamentals,” he said, following the release of the central bank's semiannual Financial System Review.
    • Home prices in Toronto gained nearly 13% in the year ended in April - nice, but child's play compared to the 25% rise in Vancouver.
    • ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC, FXC
    | Thu, Jun. 9, 4:18 PM | 1 Comment
ETF Hub
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub