FX.co ★ Canadian Dollar Bears Deepen Bets as Speculative Net Shorts Widen to -120K

Speculative positioning against the Canadian dollar has intensified, with CFTC CAD speculative net positions widening to -120.0K from a previous -94.1K. The latest data, updated on 12 June 2026, points to a notable increase in bearish sentiment toward the loonie.

The deeper net short position suggests that traders and large speculators are growing more cautious on Canada’s currency, potentially reflecting concerns over domestic economic momentum, commodity price dynamics, or relative monetary policy expectations. The move from -94.1K to -120.0K highlights a continued build-up in downside bets, signaling that market participants may be positioning for further CAD weakness in the near term.