Speculative sentiment toward the Canadian dollar has turned more negative, with the latest CFTC data showing an increase in net short positions. According to figures updated on 09 October 2026, CAD speculative net positions slipped further into negative territory, moving from -78.7K to -90.2K.
The widening net short position suggests that traders and investors in the futures market are becoming more cautious or pessimistic about the Canadian currency’s near-term prospects. While the data does not specify the drivers behind this shift, the move signals growing bearishness toward the loonie in speculative positioning. Market participants will be watching upcoming economic data and policy signals for clues as to whether this negative bias toward the CAD will persist or begin to unwind.
