# IMM: USD Long Pared Amid Transitory GBP, CAD Bid

> IMM net speculative long positions across G10 currencies fell by $1.7 billion to $36.9 billion from October 28 to November 3, while the dollar index declined 0.5%. The report said stronger-than-forecast US payrolls subsequently supported the dollar, while demand for the Canadian dollar was fading amid US-Canada rate divergence and employment data.

- Date: 2026-11-06 · published 2026-11-07T15:09:25.928Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/86142-imm-usd-long-pared-amid-transitory-gbp-cad-bid
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

The payroll surprise and interest-rate divergence may support the US dollar against the Canadian dollar, though positioning and currency moves were mixed over the reported period. This is primarily a foreign-exchange signal rather than a direct feed-commodity driver.

## Read by commodity

- DXY: bullish ▲
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-11-30 | [Fed's Powell floats dropping "transitory" label for inflation](https://feedsoft.ai/events/43955-fed-s-powell-floats-dropping-transitory-label-for-inflation.md) | -0.4% | -1.0% |
| DXY | 2016-11-14 | [Deutsche Bank calls EUR/USD parity: "The Trump victory has changed things"](https://feedsoft.ai/events/9134-deutsche-bank-calls-eur-usd-parity-the-trump-victory-has-changed-things.md) | +1.4% | +0.8% |
| DXY | 2022-10-25 | [Local Political Uncertainty And Strong USD Demand, Puts Ringgit In Bearish Territory](https://feedsoft.ai/events/39382-local-political-uncertainty-and-strong-usd-demand-puts-ringgit-in-bearish.md) | -0.3% | -3.0% |
| DXY | 2024-05-31 | [USD/INR trims losses ahead of Indian GDP, US PCE data](https://feedsoft.ai/events/30562-usd-inr-trims-losses-ahead-of-indian-gdp-us-pce-data.md) | +0.3% | +1.8% |
| DXY | 2024-02-26 | [AUD/USD dips amid rising US bond yields, traders await US Durable Goods Orders](https://feedsoft.ai/events/31929-aud-usd-dips-amid-rising-us-bond-yields-traders-await-us-durable-goods-orders.md) | -0.0% | +0.1% |

## Sources

- efxdata.com: https://www.efxdata.com/insights/8e1ef9ecfd53aaf1eda2ef526735290c.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.