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H4ZD

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1d
1w
1m

Analysis and statistics

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About

H4ZD.F refers to the Horizons USD CAD Currency ETF, which is a fund listed on the Frankfurt Stock Exchange. This ETF aims to provide returns that closely correspond to the performance of the exchange rate between the U.S. dollar and the Canadian dollar. It allows investors to gain exposure to fluctuations in the USD/CAD currency pair without directly trading foreign exchange.
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Factors

Underlying Asset Performance: The price of H4ZD.F is directly influenced by the performance of the assets it holds. Positive performance leads to price increases, while negative performance causes price decreases. Supply and Demand: Market dynamics of supply and demand play a crucial role. Higher demand increases the price, while increased supply lowers it. Interest Rates: Changes in interest rates can affect the valuations and attractiveness of the assets held by the ETF, thereby influencing its price. Market Sentiment: Overall market sentiment and investor confidence significantly impact ETF prices. Positive sentiment drives prices up, while negative sentiment causes them to fall. Currency Fluctuations: Currency exchange rates affect the price if the ETF invests in foreign assets. Expense Ratio: Higher expense ratios can negatively impact the ETF's returns and price over time.

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