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CurrencyShares Canadian Dollar Trust ETF (FXC)

  • Dec. 7, 2012, 10:29 AM
    Canada's government refuses to offer any hints on the timing of a decision on a bid by China's Cnooc (CEO -0.4%) for Nexen (NXY +0.8%). Canada's industry minister must rule whether the $15.1B offer is of net benefit to Canada. Currency markets also are anxiously awaiting the news, as the decision could significantly move the Canadian dollar.
    | Dec. 7, 2012, 10:29 AM | Comment!
FXC Description
CurrencyShares Canadian Dollar Trust is designed to track the price of the Canadian Dollar net of Trust expenses, which are expected to be paid from interest earned on the deposited Canadian Dollars.
See more details on sponsor's website
Country: Canada
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