Invesco CurrencyShares Canadian Dollar Trust

Most Recent

  • uploads///
    Macroeconomic Analysis

    Have We Seen a Short-Term Bottom for the Dollar?

    The US Dollar Index (UUP) managed to close in positive territory in the week ended February 8, 2018, after posting seven consecutive weekly losses.

    By Ricky Cove
  • uploads///fed
    Macroeconomic Analysis

    Will the US Dollar Index Strengthen before the FOMC Statement?

    Asian currencies traded lower against the dollar ahead of the FOMC statement. The US dollar-Japanese yen currency pair rose by 0.80% at 6:00 AM EST on July 27.

    By David Meyer
  • Macroeconomic Analysis

    Will Yellen’s Hawkishness Drive the US Dollar Higher?

    The US Dollar Index (UUP) closed at 95.79 with a rise of 0.39% last week. This rise was a welcome relief for the dollar.

    By Ricky Cove
  • uploads///bcaceeffcafef
    Macroeconomic Analysis

    Sharp Fall in Crude Oil Price Dictate the Currencies Markets

    Looking at the performance of the major commodity-driven currencies on July 25, the Nigerian naira was the biggest casualty.

    By David Meyer
  • uploads///currency _
    Macroeconomic Analysis

    US Dollar Is Dominating the Forex Markets

    The US Dollar Index (UUP) managed a sharp recovery last week. The appreciation seemed to be due to tariff announcements.

    By Ricky Cove
  • uploads///fx
    Macroeconomic Analysis

    What’s Driving the US Dollar Higher?

    The US Dollar Index (UUP) continued to appreciate but did so slowly in the week that ended on May 25.

    By Ricky Cove
  • uploads///america _
    Macroeconomic Analysis

    Can the US Dollar Continue to Surge Higher?

    Last week, the US dollar index bounced back from a minor pullback in the week ended May 11, aided by the rise of bond yields.

    By Ricky Cove
  • uploads///currency _
    Macroeconomic Analysis

    What Drove the US Dollar Lower Last Week

    The US dollar index (UUP) took a breather last week, closing at 92.44, 0.03% higher than its close of 92.41 in the week ended May 4.

    By Ricky Cove
  • uploads///dollar _
    Macroeconomic Analysis

    Dollar Bears Under Pressure as Short Squeeze Continues

    In April, the US dollar index posted one of its best monthly gains (2.0%) since November 2016, and it looks set to continue with the trend this month.

    By Ricky Cove
  • uploads///dollar _
    Macroeconomic Analysis

    Why Did the US Dollar Appreciate with Bond Yields?

    The US dollar index saw one of the best weeks in over a year as the US dollar surged past many major currencies.

    By Ricky Cove
  • uploads///dollar _
    Macroeconomic Analysis

    US Dollar Falls after Trump Comments on April 16

    The US dollar (UUP) came under pressure after Donald Trump fired off a tweet about Russia and China on Monday.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why the US Dollar Could Gain This Week

    According to Reuters’ calculations, the US dollar’s net short positions decreased to -$11.5 billion compared to -$11.3 billion in the previous week.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Equity Market Rout Stalled: Will US Dollar Resume Its Slide?

    The US Dollar Index, whose slide had been stalled in the past two weeks, saw losses as markets recovered last week.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    What’s Boosted the US Dollar

    US dollar posts second consecutive weekly gain Last week, the US dollar index, which has seen continuous declines in the last two months, managed to close in positive territory for a second consecutive week. Increased demand for safe-haven assets during the recent equity market rout boosted demand for the US dollar in foreign exchange markets. In […]

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    How the US Dollar Could React to a US Government Shutdown

    According to the January 19 Commitment of Traders report, released by the Chicago Futures Trading Commission, large speculators have turned bearish on the US dollar.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why the US Dollar Is Losing Its Appeal

    The US Dollar Index (UUP) continued its decline, posting a fourth consecutive weekly loss during the week ended January 12.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why the US Dollar Began 2018 with Losses

    The US Dollar index (UUP) began 2018 on a negative note, posting losses against most of the major currencies.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    How Could the US Dollar Fare in 2018?

    The US dollar’s long-term outlook looks marginally better in 2018 than in 2017.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Can the US Dollar Gain Back Lost Ground This Week?

    The US Dollar index (UUP) failed to capitalize last week on the optimism from Congress passing the US tax reform bill.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why the US Dollar Resisted the Fed’s Latest Rate Hike

    According to Reuters, the US dollar (USDU) net short positions increased to ~-$7.8 billion during the week ended December 15 compared to ~-$4.3 billion in the previous week.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Will the US Dollar Surge Higher after FOMC Meeting?

    The US Dollar Index (UUP) continued its ascent against the other major currencies as investors positioned for a rate hike from the Fed and reacted to the increased possibility of tax reforms by the end of this year.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Will the US Dollar Surge on Tax Reform News?

    The US Dollar Index (UUP) managed to close the week ending December 1 in positive territory with a gain of 0.14%.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Reasons behind a 3rd Weekly Loss for the US Dollar

    The US Dollar Index (UUP) had another bad week as traders offloaded long dollar positions amid tax reform uncertainty last week.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Could US Dollar Recover This Week?

    The US Dollar Index (UUP) continued to struggle as the fate of US tax reform remains uncertain.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Will US Dollar Survive Tax Reform Uncertainty?

    The US Dollar Index (UUP) lost steam last week after posting three consecutive weekly gains.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    US Dollar Survived Dovish FOMC Statement, Lackluster Jobs Report

    The US dollar index (UUP) remained supported last week despite a dovish FOMC statement and a lower-than-expected rise in monthly non-farm payrolls.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    How the US Dollar Could React to November FOMC Meeting

    The US Dollar Index (UUP) continued its ascent last week.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    What to Expect from the US Dollar This Week

    The US Dollar Index (UUP) has bounced back from the shallow low that it saw the previous week.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Has the US Dollar Rally Ended for Now?

    The US Dollar Index (UUP) turned lower again in last week after a surprise rally following the October jobs report on October 6.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Are Investors Positioning for a US Dollar Rally?

    The US Dollar Index (UUP) closed at 93.64 last week, a gain of 0.82% and the fourth consecutive weekly rise. The dollar didn’t react to a loss of 33,000 jobs in September.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why Speculators Continue to Bet against the US Dollar

    The US Dollar Index (UUP) continued its rally last week, closing at 92.88 and posting a gain of 0.99% for the week.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Would Markets Be Prepared for a Central Bank Surprise?

    Three central banks on a path to tightening After years of ultra-loose monetary policy, global markets are beginning to realize they may have to wave goodbye to easy money. In their efforts to save the global system from the 2007 financial crisis, and to revive economic growth, US, EU, UK, and Japanese central banks resorted […]

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why the US Dollar Failed to Rally despite Increased Rate Hike Odds

    The US Dollar Index (UUP) failed to rally aggressively despite a hawkish surprise from the US Fed.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why the US Dollar Saw a Sharp Rebound

    The US Dollar Index (UUP) witnessed a sharp recovery last week, rebounding from a two-year low of 91.0.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Why the US Dollar Could Be Poised for Further Losses

    The US Dollar Index (UUP) failed to hold onto its gains from the previous week as investors were convinced that the Fed most likely wouldn’t make any changes to its monetary policy this year.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    How to Make Sense of the US Dollar Rebound

    The US Dollar Index (UUP) surprised the markets with its resilience despite a weak August jobs report.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Is the US Dollar Dying a Slow Death?

    The US Dollar Index closed the week ending August 25 at 92.68—compared to 93.36 in the previous week.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Will the US Dollar Turn Around after Jackson Hole Symposium?

    The US Dollar Index (UUP) managed to recover some of the losses it saw in the last few weeks.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    Will the US Dollar Gain or Lose This Week?

    The US Dollar Index (UUP) struggled in the previous week as geopolitical tensions dominated markets across the globe.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    The US Dollar Seeks Another Rebound This Week

    US inflation is expected to rise 1.7%, and any positive surprise could propel the US dollar higher by the end of next week.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    What to Expect from the US Dollar

    The US Dollar Index (UUP) continued to slide in the previous week due to the FOMC’s dovish statement and weaker-than-expected economic data.

    By Ricky Cove
  • uploads///
    Macroeconomic Analysis

    This Is Why the US Dollar Could Slide Further

    US Dollar index reaches a 14-month low The US Dollar Index (UUP) continued with its fall as investors preferred major peers. In the week ended July 21, the US Dollar Index closed at 93.78, falling 1.7% from the week prior. It is headed for its fifth consecutive month of loss this year. Conflicting news from […]

    By Ricky Cove
  • uploads///part
    Macroeconomic Analysis

    Have Yellen and US Economy Failed the US Dollar?

    The US Dollar Index (UUP) closed at 94.9, depreciating by 0.90% last week.

    By Ricky Cove
  • uploads///part
    Macroeconomic Analysis

    What’s Dragging the Dollar Down?

    The US dollar (UUP) index had another tight range-bound week this summer.

    By Ricky Cove
  • uploads///PART
    Macroeconomic Analysis

    Will Rising Fed Fund Rate Propel the US Dollar Higher?

    The US dollar (UUP) index continued to be confined to a range with the US Dollar Index closing for the week at 97.5, a change of 0.09% as compared to last week’s close of 97.2.

    By Ricky Cove
  • uploads///part
    Macroeconomic Analysis

    Will the US Dollar Rally before the FOMC Meeting?

    The dollar managed to turn around from lower levels last week as risks from former FBI Director James Comey’s testimony and the ECB’s policy statement subsided.

    By Ricky Cove
  • uploads///Part
    Macroeconomic Analysis

    How the Weak Jobs Data Could Spell Doom for the US Dollar

    The US dollar came into focus after the weak US jobs data on June 2. The payroll data was a negative surprise, with only 138,000 jobs being added in May.

    By Ricky Cove
  • uploads///part
    Macroeconomic Analysis

    What the Falling US Dollar Could Indicate for Investors

    The US dollar (UUP) has continued to lose its value with respect to its trading partners. The US Dollar Index fell 1.6% in the week ended May 26, 2017.

    By Ricky Cove
  • uploads///part
    Macroeconomic Analysis

    Is the US Dollar the Only Positive for US Economy Right Now?

    The US dollar (UUP) continued to trend lower against its trading partners with the US Dollar Index (DXY) losing 2.1% in the week ending May 19, 2017.

    By Ricky Cove
  • uploads///Canadas Manufacturing PMI in October
    Macroeconomic Analysis

    Why Did Canada’s Manufacturing PMI Improve in October?

    Canada’s manufacturing PMI (purchasing managers’ index) stood at 51.1 in October 2016, as compared to 50.3 in September, and met the market estimate of 51.

    By Sarah Sands
  • uploads///euro
    Macroeconomic Analysis

    Euro and Pound Move in Opposite Directions before the ECB Meeting

    On July 20, the euro-US dollar pair was trading range bound around the 1.10 handle. The pair ended the day on a flat note with a slight fall of 0.06%.

    By David Meyer
  • uploads///boc
    Macroeconomic Analysis

    Major Takeaways from the Bank of Canada’s Monetary Policy

    The Bank of Canada decided to keep the interest rates unchanged at 0.5% after the monetary policy meeting on July 13.

    By David Meyer
  • uploads///asia
    Macroeconomic Analysis

    Euro Is Trading Unusually Flat: Is a Breakout in the Cards?

    The euro-US dollar currency pair has been trading on a flat note since July 6, 2012. It continued the flat trajectory on July 12.

    By David Meyer
  • uploads///CAD Inflation Jan
    Macroeconomic Analysis

    Canadian Retail Sales Soared and Inflation Ticked Up

    For December, consumer inflation rose by 1.6%—compared to growth expectations of 1.7% on an annual basis. It rose by 1.4% in the previous month.

    By David Meyer
  • uploads///cad
    Macroeconomic Analysis

    The Canadian Dollar Rallies Higher from 13-Year Lows

    Crude oil is Canada’s primary export and the slump weighed negatively on the Canadian dollar. Crude prices fell by more than 20% since the beginning of 2016.

    By David Meyer
  • uploads///cad
    Macroeconomic Analysis

    Canadian Dollar Fell for the 11th Straight Trading Day

    The US dollar-Canadian dollar currency pair is inversely related to the Canadian dollar. It was on a positive bias on January 15, 2016.

    By David Meyer
  • uploads///CAnada
    Macroeconomic Analysis

    Should the Canadian Dollar Expect a Gloomy Future?

    The Canadian dollar had the biggest slump of the major currencies in 2015 as it lost nearly 15% of its value against the major currencies like the US Dollar, hitting a 12-year low.

    By David Meyer
  • uploads///cad
    Macroeconomic Analysis

    Canadian Dollar Rose Due to Strong Retail Sales Numbers

    The US dollar-Canadian dollar currency pair is inversely related to the Canadian dollar. It fell by 0.47% on December 23, 2015.

    By David Meyer
  • uploads///
    Macroeconomic Analysis

    Canadian Dollar Fell to an 11-Year Low

    The US dollar-Canadian dollar currency pair is inversely related to the Canadian dollar. It rose by 0.2% on December 18. The pair rose by 1.1% the previous day.

    By David Meyer
  • uploads///
    Macroeconomic Analysis

    Canadian Dollar Fell despite Strong Domestic Data

    The Canadian dollar fell against the US dollar on November 6, 2015. The US Dollar Index was trading stronger than the basket of currencies.

    By David Meyer
  • uploads///Capturecad
    Macroeconomic Analysis

    Canadian Dollar Rallies as Interest Rates Remain Flat at 0.5%

    The US dollar to Canadian dollar (USD/CAD) moved to 1.326 on the back of speculation that the Bank of Canada could go for another rate cut.

    By David Meyer
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.