COT 03/09

Published March 9th, 2009 - 11:58 GMT
Al Bawaba
Al Bawaba

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




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.  Increasing from 0 would be bullish for CAD.

Implications:
neutral