In a move that highlights heightened bearish sentiment toward the Canadian dollar, the Commodity Futures Trading Commission (CFTC) report released on November 25, 2025, indicates a further increase in speculative net short positions. The metric reached -137.6K, a deeper decline from its previous position of -136.7K.
This data suggests that traders and investors are increasingly betting against the Canadian dollar, which continues to face pressure amidst global economic uncertainties and potential domestic economic challenges. The deepening net short positions reflect growing concerns over Canada's economic outlook, possibly exacerbated by fluctuating oil prices and shifting trade dynamics that impact Canada's trade-sensitive currency.
The shift in speculative positioning comes at a crucial time as the Canadian economy grapples with various challenges, and policymakers may need to address these increasing bearish expectations to stabilize the country's currency market. Further monitoring and strategic interventions may be required to alleviate market concerns and restore investor confidence in the Canadian dollar.
