FX.co ★ Speculators Boost Bullish Bets on Canadian Dollar as Net Long Positions Surge

Speculative interest in the Canadian dollar strengthened notably, with CFTC CAD speculative net positions rising to 36.2K, up from 21.1K previously. The latest data, updated on 13 March 2026, points to a marked increase in bullish sentiment toward the loonie among futures traders.

The jump in net long positions suggests that market participants are becoming more optimistic about Canada’s currency outlook compared with earlier readings. While the data alone does not explain the drivers behind the shift, the strong uptick in positioning underscores growing confidence in the CAD’s relative performance in global foreign exchange markets. Traders and investors may watch upcoming economic releases and central bank signals closely to gauge whether this positive momentum can be sustained.