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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada CFTC Canada Speculative net positions climbed to -167,153 in December 2024
FMPMonthlyReleased January 2025
Canada CFTC Canada Speculative net positions climbed to -167,153 in December 2024, released January 2025, up 11,436 from November's -178,589 reading.
Latest Release
-167153.000000
Actual
—
Consensus
-178589.000000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CAD | ▼ Inverse | −0.50 | FOREX | Bullish CAD | → View |
| CAD/JPY | ▲ Direct | +0.45 | FOREX | Bullish CAD | → View |
| WTI Crude | ▲ Direct | +0.40 | COMMODITIES | Watch | → View |
| EUR/CAD | ▼ Inverse | −0.35 | FOREX | Bullish CAD | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CFTC Canada Speculative net positions (Canada) was reported at -167,153.00 in January 2025. The reading rose from the previous value of -178,589.00.
WHY IT MATTERS
The trailing three releases averaged -176,920.67, down from the prior three at -165,638.00.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CAD (Bullish CAD). A secondary relationship exists with CAD/JPY, positively correlated (Bullish CAD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Current Account (May 28) and Financial Stability Report (May 28).
Auto-generated from current model state · Refreshes on each release · Last update January 2025.
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CFTC Canada Speculative net positions - CA
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About CFTC Canada Speculative net positions — Canada
DEFINITION
CFTC Canada Speculative net positions is a financial indicator that measures the difference between the number of long and short positions held by speculators in the Canadian market. It provides valuable insights into the sentiment and expectations of market participants, allowing investors to make informed decisions about potential market movements. This indicator is closely monitored by financial analysts and traders as it can indicate potential shifts in market trends and help identify potential trading opportunities.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2025): actual -167,153. Prior reading (Dec 2024): -182,055. Before that (Dec 2024): -181,554.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/CAD (Bullish CAD, r=-0.50) — a useful reference for forex-focused traders.