BearPaws

CAD

Canadian Dollar
Neutral
Score
-0.90
1D %
-0.06%
1W %
-0.03%
1M %
-0.23%

Score blends a macro-fundamental component (rates, inflation, growth, employment) with price momentum over a weeks-to-months horizon. Positive = strengthening / inflationary pressure, negative = weakening.

Score History · CAD

90 pts · intrinsic
-0.90Δ window+0.21

Macro Indicators

CAD
Business Confidence – Manufacturing (OECD, Canada, PMI proxy)
-3.6Δ+14.2Jan 2026
Retail Trade Volume Index (OECD, Canada, monthly)
128.8Δ-0.9Mar 2026
Building Permits – Dwellings Index (OECD, Canada, monthly)
179.4Δ-6.1Mar 2026
Unemployment Rate (OECD, Canada, % labour force)
6.6Δ-0.3May 2026

PMI / Services PMI gaps documented in backend §8.2: ISM is proprietary, FRED's `NAPMPI` series discontinued.

COT Positioning

non-commercial · weekly
Long
37944
Short
157943
Net
-119999
ReportNetΔ longΔ short
2026-06-09-119999+221+26109
2026-06-02-94111-15953+9276
2026-05-26-68882-18998+18653
2026-05-19-31231-4368+10621
2026-05-12-16242+3392+4975
2026-05-05-14659+7133-16684
2026-04-28-38476+5628-14730
2026-04-21-58834+6640-12798

Net = long − short. Heavy positive net = crowded long (contrarian risk when paired with negative fundamental score).

View CAD outlookFundamental strength, COT lean & news read

CAD · frequently asked questions

What does the Canadian Dollar (CAD) intrinsic score mean?
The Canadian Dollar intrinsic score is a single fundamental-strength reading for CAD, blending macro indicators with price momentum. A positive score points to inflationary or strengthening pressure, a negative score to deflationary or weakening pressure, and a near-zero score to a balanced stance.
Is CAD bullish or bearish right now?
Canadian Dollar (CAD) currently reads neutral: its fundamental strength and momentum are roughly balanced. Its latest reading is -0.90. This is market context (a weeks-to-months bias, not an entry signal), so wait for price action to confirm before acting.
What macro indicators feed the CAD score?
The CAD score draws on macro inputs including PMI, Services PMI, the Consumer Confidence Index, Retail Sales, Building Permits, and the employment report. These readings are synthesised into a directional consensus and combined with price momentum to produce the intrinsic score.
How is CAD COT positioning used?
Commitment of Traders (COT) data shows how non-commercial (speculative and institutional) traders are positioned in CAD. BearPaws uses it for trend confirmation or contrarian reads alongside the intrinsic and cross-pair scores, not as a standalone signal.