FOREX ALERTS >>
DailyFX Plus Login

cad cot

Article

COT 03/16
Monday, 16 March 2009 18:14:02 GMT  |  Jamie Saettele, Senior Currency Strategist
Delicious
Facebook

CAD:  Speculators are net short CAD and commercials net long CAD.

031609_cot_8

However, the 13 week index is at 0.  This indicates that commercials are the longest they have been in 13 weeks and speculators the shortest they have been in 13 weeks.  This is bullish for CAD.

Implications: bullish (bearish USDCAD)

More Articles

Feedback Form