FX.co ★ CFTC Reports Slight Improvement in Canadian Dollar Speculative Positions

In a recent update by the Commodity Futures Trading Commission (CFTC), speculative net positions in the Canadian Dollar have shown a modest improvement. As of February 21, 2025, the net speculative positions have shifted from their previous figure of -150.8K to -144.6K, marking a small yet notable change in sentiment among traders.

The updated data suggests a slight reduction in bearish positions against the Canadian Dollar, pointing towards a more favorable outlook. This shift might be reflective of ongoing developments within the Canadian economy or broader market conditions influencing trader perceptions.

While still negative, this upward adjustment in net positions highlights a growing confidence among investors and traders in the Canadian Dollar, possibly attributed to economic fundamentals or shifts in external market influences. Observers will be watching closely to see if this trend continues in the coming months, potentially impacting forex markets and Canadian economic policies.