FX.co ★ Speculators Deepen Bearish Bets on Canadian Dollar as Net Shorts Widen

Positioning data from the CFTC shows investors have slightly increased their bearish stance on the Canadian dollar, with speculative net positions slipping further into negative territory. As of the latest update on 06 July 2026, net positions stood at -150.8K, compared with -146.8K previously.

The shift indicates a modest build-up in net short positions on the CAD, suggesting traders remain cautious or pessimistic about the currency’s near-term prospects. While the move is incremental, the continued expansion of net shorts may reflect ongoing concerns or uncertainty around Canada’s economic or market backdrop, as expressed through futures market positioning.