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16.10.202619:30:00UTC+00Speculators Deepen Bearish Bets on Canadian Dollar as Net Shorts Widen

Speculative sentiment toward the Canadian dollar turned more negative in the latest reporting period, with CFTC data showing an increase in net short positions. According to figures updated on 16 October 2026, CAD speculative net positions declined to -94.8K, compared with the previous reading of -90.2K.

The widening net short position indicates that traders in futures markets have grown more bearish on the Canadian currency, adding to their negative exposure versus prior levels. The move suggests that market participants are positioning for continued headwinds for the loonie relative to other major currencies, as reflected in the growing imbalance between short and long contracts.

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