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Saturday, 5 May 2012

2012.05.04 22:30:31 MARKET TALK: Speculators Boost Bets On Loonie

4:30 (Dow Jones) The biggest single adjustment by IMM currency speculators in the week ending May 1 was a jump higher in net long CAD positions, TD says. Net long contracts rose to 70k, from 44k in the previous week, despite Monday's damp GDP print, it says. CAD longs are now at an extreme not seen since March 2011. (don.curren@dowjones.com) Call us at (212) 416-3100 or email bradley.davis@dowjones.com (END) Dow Jones Newswires May 04, 2012 16:30 ET (20:30 GMT)

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