Canadian Dollar COT Report — Net Positioning
Canadian Dollar futures · CME · CFTC contract code 090741
Latest positioning
Week ending 8 September 2026 · added 37,644 on the week · open interest 334,861 (+61)
Reading this pair: The CFTC reports positioning in Canadian Dollar futures, not USD/CAD. Speculators net long CAD corresponds to net short USD/CAD.
Net speculative position — last 52 weeks
The current reading sits in the 57th percentile of its 3-year range — over the past 3 years, the net position has been lower than it is now 57% of the time. A high reading means the position is crowded by its own historical standards; it is context, not a forecast.
All three cohorts
| Category | Net position | Week change |
|---|---|---|
| Large speculatorsFunds and managed money | -70,499 | +37,644 |
| CommercialsProducers, users and banks hedging physical exposure | +74,429 | -40,853 |
| Small tradersBelow the CFTC reporting threshold | -3,930 | — |
The three cohorts net to zero between them — every long has a short on the other side. Commercials being heavily short is normal for a produced commodity and is not a bearish view; it is a hedge against inventory they already own.
Weekly history
| Week ending | Specs net | Open interest |
|---|---|---|
| 8 Sep 2026 | -70,499 | 334,861 |
| 1 Sep 2026 | -108,143 | 334,800 |
| 25 Aug 2026 | -121,522 | 329,544 |
| 18 Aug 2026 | -158,166 | 359,585 |
| 11 Aug 2026 | -173,362 | 364,104 |
| 4 Aug 2026 | -179,095 | 365,083 |
| 28 Jul 2026 | -176,310 | 372,447 |
| 21 Jul 2026 | -174,448 | 365,599 |
| 14 Jul 2026 | -176,279 | 368,792 |
| 7 Jul 2026 | -173,126 | 363,847 |
| 30 Jun 2026 | -150,806 | 346,500 |
| 23 Jun 2026 | -146,792 | 342,860 |
| 16 Jun 2026 | -132,901 | 492,468 |
| 9 Jun 2026 | -119,999 | 383,773 |
| 2 Jun 2026 | -94,111 | 305,869 |
| 26 May 2026 | -68,882 | 297,944 |
| 19 May 2026 | -31,231 | 292,877 |
| 12 May 2026 | -16,242 | 251,467 |
| 5 May 2026 | -14,659 | 243,793 |
| 28 Apr 2026 | -38,476 | 252,679 |
| 21 Apr 2026 | -58,834 | 255,128 |
| 14 Apr 2026 | -78,272 | 259,258 |
| 7 Apr 2026 | -55,648 | 240,735 |
| 31 Mar 2026 | -32,684 | 217,085 |
| 24 Mar 2026 | -1,602 | 182,798 |
| 17 Mar 2026 | +886 | 247,753 |
| 10 Mar 2026 | +36,159 | 288,392 |
| 3 Mar 2026 | +21,050 | 232,433 |
| 24 Feb 2026 | +27,578 | 222,562 |
| 17 Feb 2026 | +25,826 | 218,415 |
| 10 Feb 2026 | +13,276 | 215,037 |
| 3 Feb 2026 | +2,130 | 216,252 |
| 27 Jan 2026 | -16,046 | 227,204 |
| 20 Jan 2026 | -41,785 | 213,597 |
| 13 Jan 2026 | -42,250 | 219,263 |
| 6 Jan 2026 | -40,585 | 218,740 |
| 30 Dec 2025 | -40,511 | 211,171 |
| 23 Dec 2025 | -55,793 | 197,138 |
| 16 Dec 2025 | -86,640 | 244,427 |
| 9 Dec 2025 | -130,600 | 251,868 |
| 2 Dec 2025 | -150,047 | 274,997 |
| 25 Nov 2025 | -150,414 | 280,112 |
| 18 Nov 2025 | -149,099 | 278,400 |
| 10 Nov 2025 | -157,635 | 289,605 |
| 4 Nov 2025 | -159,512 | 292,964 |
| 28 Oct 2025 | -150,044 | 278,750 |
| 21 Oct 2025 | -145,108 | 272,419 |
| 14 Oct 2025 | -137,593 | 269,924 |
| 7 Oct 2025 | -136,718 | 261,636 |
| 30 Sep 2025 | -119,905 | 240,191 |
| 23 Sep 2025 | -114,806 | 212,186 |
| 16 Sep 2025 | -107,177 | 266,847 |
Source: CFTC Commitments of Traders (Legacy, futures only) — a US government work, public domain. Positions are measured Tuesday and published the following Friday at about 15:30 ET, so this report is always at least three days behind the market. Positioning describes how traders are placed; it is not a forecast.