What is the Canadian Dollar COT report?

It is the weekly CFTC Commitments of Traders breakdown for Canadian dollar (CME): how many long and short futures contracts each group of large traders held as of the prior Tuesday, published the following Friday.

How do you read Canadian Dollar net positioning?

Net position is long contracts minus short contracts for one trader group. A positive net means the group leans bullish; the weekly change matters more than the raw level.

What does the Canadian Dollar COT index mean?

The COT index rescales a group's net position 0-100 against its own high and low over the chosen lookback. Above 80 is close to the most bullish that group has been; below 20 is close to the most bearish.

What is a bearish divergence in Canadian Dollar?

A bearish divergence is Canadian dollar futures (front month) making new highs while the tracked trader group reduces its net long position — the rally is losing the sponsorship of the money that usually drives it.

Canadian dollar (CME)

Canadian Dollar positioning

Price series: Canadian dollar futures (front month) · positions as of Tuesday Sep 15, 2026, published Friday Sep 18, 2026

Last weekly close · Canadian dollar futures (front month)

0.7158

Asset managers net position (contracts)

-9,386

No signalJul 21, 2026 → Sep 15, 2026 · 8-week window

Neither price nor positioning has moved enough this window to say anything.

Price vs positioning (contracts)

Price on top, and what the big traders were holding underneath it.

Price — Canadian dollar futures (front month)

Net position (contracts) — Net position = long contracts minus short contracts. Above the zero line = net long.

Signal classification tracks bullish divergencebearish divergenceconvergence (healthy trend)

COT Index

0–100 · vs last 3 years

How extreme today's positioning is compared with this group's own history.

Each group's current net position, rescaled 0–100 against its own high and low over the selected lookback. 0 = most bearish it has been in that window, 100 = most bullish. Unitless by design, so markets of very different sizes can be compared.

Non-commercial (large specs)68 · neutral

Leaning long, but not yet at an extreme.

Commercial (hedgers)37 · neutral

Leaning short, but not yet at an extreme.

Asset managers66 · neutral

Leaning long, but not yet at an extreme.

Leveraged funds71 · neutral

Leaning long, but not yet at an extreme.

0 · most bearish50 · mid-range100 · most bullish

COT Index = ((Current − Min) / (Max − Min)) × 100, over the last 3 years

Method credit: the 0–100 normalization goes back to Larry Williams' COT work in the 1980s and was developed and popularized by Stephen Briese, author of The Commitments of Traders Bible.

Asset managers — COT index history (0–100, rolling 3 years window)

Disagreement Index

contracts · index 0–100

How far apart two trader groups are right now.

Gap = group A's net position minus group B's, measured in contracts. The Disagreement Index rescales that difference 0–100 against its own last 3 years: 0 = the two groups as close together as they get, 100 = as far apart as they get.

Disagreement Index · vs last 3 years

Disagreement sits in its normal historical range — nothing stretched.

Current gap (contracts)

-29,636 contracts

Left axis: gap in contracts (positive = Leveraged funds is more net long than Asset managers). Right axis: disagreement index, 0–100. Gap tracks Leveraged funds − Asset managers.

Latest week by category

What each trader group was holding in the most recent report.

Positions as of Tuesday Sep 15, 2026, published Friday Sep 18, 2026, compared with the prior weekly report. Positive net = net long; negative net = net short. COT index is measured over the last 3 years.

Category	Long (contracts)	Short (contracts)	Net (contracts)	Weekly change (contracts)	COT index (0–100, 3y)
Non-commercial (large specs)	73,950	111,527	-37,577	+32,922	68
Commercial (hedgers)	250,872	203,949	46,923	-27,506	37
Asset managers	87,489	96,875	-9,386	+20,622	66
Leveraged funds	29,857	68,879	-39,022	+16,426	71

Signal log — Asset managers

Every past signal in this market, and what price did afterwards.

Every rolling 8-week window classified as a bullish or bearish divergence, or as convergence where price and positioning agree. Price change is in percent; net change is in contracts.

Each row covers one stretch of weekly reports: the % is the price change over that stretch, the net figure is the change in the group's net position, in contracts.

Convergence — healthy uptrendJun 30, 2026 → Sep 1, 2026price +2.6% · net position +31,700 contracts
Bearish divergenceJun 16, 2026 → Aug 11, 2026price +2.1% · net position -20,926 contracts
Convergence — healthy downtrendApr 14, 2026 → Jul 21, 2026price -3.0% · net position -71,655 contracts
Convergence — healthy downtrendFeb 3, 2026 → Mar 31, 2026price -2.1% · net position -44,240 contracts
Convergence — healthy uptrendOct 14, 2025 → Mar 3, 2026price +3.1% · net position +162,017 contracts
Convergence — healthy downtrendAug 26, 2025 → Nov 10, 2025price -2.2% · net position -29,658 contracts
Convergence — healthy uptrendFeb 11, 2025 → Jul 8, 2025price +3.5% · net position +96,274 contracts
Convergence — healthy downtrendAug 27, 2024 → Jan 28, 2025price -7.0% · net position -41,773 contracts
Bullish divergenceAug 20, 2024 → Oct 15, 2024price -2.1% · net position +12,915 contracts
Convergence — healthy uptrendJul 23, 2024 → Sep 24, 2024price +2.4% · net position +54,102 contracts
Convergence — healthy downtrendDec 26, 2023 → Apr 16, 2024price -3.7% · net position -77,201 contracts
Bullish divergenceDec 19, 2023 → Feb 13, 2024price -1.8% · net position +15,060 contracts

Source: CFTC Commitments of Traders — positions as of Tuesday, published the following Friday. All position figures are futures contracts unless the % of open interest view is selected. Positioning is a sentiment tool, not a timing signal. Not investment advice.