FX.co ★ Speculators Trim Bearish Bets on Canadian Dollar as Net Shorts Narrow Slightly

Speculative positioning in the Canadian dollar turned marginally less bearish in the latest reporting period, according to CFTC data updated on 24 July 2026. Net speculative positions in CAD stood at -174.4K, a small improvement from the previous level of -176.3K.

The shift indicates that while traders remain net short the Canadian currency, some short positions have been pared back. This modest easing in net bearish bets may suggest a cautious reassessment of downside expectations for the loonie, though sentiment is still firmly in negative territory overall.