FX.co ★ Speculators Deepen Net Short Bets on Canadian Dollar, CFTC Data Shows

Speculators increased their bearish positions on the Canadian dollar, with CFTC data showing CAD speculative net positions falling further into negative territory. The net short stance widened from -150.8K contracts previously to -173.1K contracts, according to the latest figures updated on 10 July 2026.

The shift suggests mounting pessimism or hedging pressure against the Canadian currency in futures markets. A larger negative net position typically indicates that more traders are betting on further weakness in the Canadian dollar rather than a rebound.

While the data does not reveal the underlying drivers, the move underscores a strengthening bearish sentiment toward the CAD among speculative participants, potentially influencing short-term currency dynamics and volatility.