Global Finance, Energy and Environment: News, Views, and Stories of Interest
Tuesday, November 13, 2012
COT and the Cdn Dollar Bulls | Black Swan Capital
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?