Tuesday, November 13, 2012

COT and the Cdn Dollar Bulls | Black Swan Capital

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Does a 91% bullish reading makes sense for the Canadian dollar?

According to the latest Commitment of Traders Report for November 6th, speculators are positioned 91% long Canadian dollar futures (or short USD/CAD in the spot market); that is down 1% from the reading on October 39th. Does that seem high to you?


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