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

Speculative positioning against the Canadian dollar intensified, with the latest CFTC data showing a notable increase in net short bets. As of the 05 June 2026 update, CAD speculative net positions fell to -94.1K, down from -68.9K previously.

The widening negative balance signals that traders have become more bearish on the loonie, adding significantly to short positions compared with the prior reading. This shift in sentiment suggests growing caution toward Canada’s currency in the futures market, with participants positioning for further weakness or heightened volatility ahead.