Canadian dollar overtook yen as most heavily shorted currency before Trump’s latest tariff threats
ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountSpeculators raised their bearish bets on the Canadian dollar to the highest level among the major currencies in the weeks before U.S. President Donald Trump announced new tariffs on Canada, helping push the loonie to a recent 14-month low. Net short Canadian dollar positions held by non-commercial accounts stood at $12.5-billion in the latest weekly data from the Commodity Futures Trading Commission that was released on Friday, days before Trump announced that 50-per-cent tariffs on a wide range of goods would take effect on Aug.
- ▪ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountSpeculators raised their bearish bets on the Canadian dollar to the highest level among the major currencies in the weeks before U.S.
- ▪President Donald Trump announced new tariffs on Canada, helping push the loonie to a recent 14-month low.
- ▪Net short Canadian dollar positions held by non-commercial accounts stood at $12.5-billion in the latest weekly data from the Commodity Futures Trading Commission that was released on Friday, days before Trump announced that 50-per-cent tar
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ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountSpeculators raised their bearish bets on the Canadian dollar to the highest level among the major currencies in the weeks before U.S. President Donald Trump announced new tariffs on Canada, helping push the loonie to a recent 14-month low. Net short Canadian dollar positions held by non-commercial accounts stood at $12.5-billion in the latest weekly data from the Commodity Futures Trading Commission that was released on Friday, days before Trump announced that 50-per-cent tariffs on a wide range of goods would take effect on Aug.
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