USDCAD – The ratio of long to short positions in the USDCAD stands at 1.17 as nearly 54% of traders are long. Yesterday, the ratio was at 1.28 as 56% of open positions were long. In detail, long positions are 5.4% lower than yesterday and 9.2% stronger since last week. Short positions are 4.0% higher than yesterday and 14.8% weaker since last week. Open interest is 1.3% weaker than yesterday and 11.0% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.

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