💱 Currencies Futures Positioning
CFTC weekly report · Report Date: 2026-10-20
Euro FX Futures
SQUEEZE2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
SQUEEZE
Short squeeze in Euro FX — specs covering extreme short positions. Commercials accumulating Euro FX while speculators exit — smart money positioning bullish.
Spec:
-134,524
(+3,049)
·
Comm:
104,895
3Y Percentile
1%
Latest Week
Speculator Net
-134,524
Commercial Net
104,895
Small Trader Net
29,629
Long/Short Ratio
0.63
Open Interest
877,940
Total Traders
345
British Pound Futures
SQUEEZE2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
SQUEEZE
Short squeeze in British Pound — specs covering extreme short positions. Both commercials and speculators adding British Pound — crowded, late-cycle caution.
Spec:
-80,420
(+26,544)
·
Comm:
95,508
3Y Percentile
6%
Latest Week
Speculator Net
-80,420
Commercial Net
95,508
Small Trader Net
-15,088
Long/Short Ratio
0.4
Open Interest
254,060
Total Traders
95
Japanese Yen Futures
BULLISH2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
BULLISH
Commercials accumulating Japanese Yen while speculators exit — smart money positioning bullish.
Spec:
69,878
(+19,671)
·
Comm:
-71,087
3Y Percentile
79%
Latest Week
Speculator Net
69,878
Commercial Net
-71,087
Small Trader Net
1,209
Long/Short Ratio
1.54
Open Interest
379,141
Total Traders
168
Canadian Dollar Futures
BULLISH2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
BULLISH
Commercials accumulating Canadian Dollar while speculators exit — smart money positioning bullish.
Spec:
-74,709
(+20,056)
·
Comm:
86,848
3Y Percentile
58%
Latest Week
Speculator Net
-74,709
Commercial Net
86,848
Small Trader Net
-12,139
Long/Short Ratio
0.58
Open Interest
383,635
Total Traders
150
Australian Dollar Futures
BULLISH2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
BULLISH
Commercials accumulating Australian Dollar while speculators exit — smart money positioning bullish.
Spec:
-127,292
(-9,993)
·
Comm:
114,925
3Y Percentile
0%
Latest Week
Speculator Net
-127,292
Commercial Net
114,925
Small Trader Net
12,367
Long/Short Ratio
0.44
Open Interest
333,010
Total Traders
108
USD Index Futures
BEARISH2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
BEARISH
Distribution phase — commercials selling USD Index into speculator demand.
Spec:
15,044
(+2,125)
·
Comm:
-17,014
3Y Percentile
79%
Latest Week
Speculator Net
15,044
Commercial Net
-17,014
Small Trader Net
1,970
Long/Short Ratio
1.87
Open Interest
49,382
Total Traders
120
Mexican Peso Futures
BULLISH2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
BULLISH
Commercials accumulating Mexican Peso while speculators exit — smart money positioning bullish.
Spec:
17,023
(+1,781)
·
Comm:
-17,826
3Y Percentile
10%
Latest Week
Speculator Net
17,023
Commercial Net
-17,826
Small Trader Net
803
Long/Short Ratio
1.23
Open Interest
278,165
Total Traders
165
Swiss Franc Futures
BEARISH2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
BEARISH
Distribution phase — commercials selling Swiss Franc into speculator demand.
Spec:
-18,150
(+3,928)
·
Comm:
34,017
3Y Percentile
88%
Latest Week
Speculator Net
-18,150
Commercial Net
34,017
Small Trader Net
-15,867
Long/Short Ratio
0.62
Open Interest
136,451
Total Traders
62
NZ Dollar Futures
BULLISH2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
BULLISH
Commercials accumulating NZ Dollar while speculators exit — smart money positioning bullish.
Spec:
-58,149
(-11,148)
·
Comm:
60,422
3Y Percentile
2%
Latest Week
Speculator Net
-58,149
Commercial Net
60,422
Small Trader Net
-2,273
Long/Short Ratio
0.27
Open Interest
131,413
Total Traders
120
Brazilian Real Futures
BULLISH2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
BULLISH
Commercials accumulating Brazilian Real while speculators exit — smart money positioning bullish.
Spec:
32,518
(-14,200)
·
Comm:
-36,984
3Y Percentile
51%
Latest Week
Speculator Net
32,518
Commercial Net
-36,984
Small Trader Net
4,466
Long/Short Ratio
1.59
Open Interest
135,679
Total Traders
129
South African Rand Futures
BULLISH2-year weekly history · Speculator, commercial, and small trader positioning
Loading charts...
Flow Signal
BULLISH
Commercials accumulating South African Rand while speculators exit — smart money positioning bullish.
Spec:
12,928
(+418)
·
Comm:
-14,053
3Y Percentile
82%
Latest Week
Speculator Net
12,928
Commercial Net
-14,053
Small Trader Net
1,125
Long/Short Ratio
3.74
Open Interest
38,473
Total Traders
53
How to Read COT Data
Speculators (Non-Commercial)
Hedge funds, CTAs, and momentum traders. They follow trends and amplify moves. When their positioning reaches extremes, it often signals the trend is crowded and vulnerable to reversal.
Commercials (Hedgers)
Producers, refiners, and consumers who use futures to hedge their business. They tend to be contrarian — selling into rallies and buying dips. At extremes, they're historically on the right side.
The Percentile Bar
Shows where current speculator positioning ranks vs. the past 3 years. Above 80% = historically bullish, below 20% = historically bearish. Extremes (top/bottom 10%) are the highest-signal readings.
What To Watch For
The best signals come from extreme positioning + divergence: when speculators are max long but commercials are max short, it often precedes a reversal. The weekly change shows who's adding or liquidating.
Source: U.S. Commodity Futures Trading Commission (CFTC) Commitments of Traders reports. Data is published weekly with a 3-day lag.