CFTC COT Report, Week to September 22, 2026: Japanese Yen Net Speculative Position Falls 16k
The latest CFTC Commitments of Traders report, covering the week to September 22, 2026, showed a broad reduction in speculative positions across major currencies. The most significant shift came in the Japanese Yen, where leveraged funds’ net long position FELL by -15.7k contracts, shrinking their overall net long to +7.4k contracts.
Leveraged funds also reduced their net long exposure in the Mexican Peso, which FELL by -10.8k contracts, bringing their net long to +79.2k. This position remains near its 52-week net range extreme of +90.0k. In the Canadian Dollar, leveraged funds’ net short position GREW by -7.8k contracts, resulting in a net short of -46.9k contracts.
In the Swiss Franc, leveraged funds’ net short position GREW by -1.5k contracts, reaching -16.5k contracts. This places their net short position at its 52-week extreme of -16.5k. Meanwhile, leveraged funds’ net long in the Australian Dollar FELL by -2.4k contracts, settling at +58.7k, which is near its 52-week net range extreme of +70.3k.
Open interest saw substantial declines across several currency futures. The Australian Dollar experienced the largest drop, with open interest changing by -186.7k contracts, followed by the Japanese Yen at -164.1k contracts, and the Euro at -98.3k contracts.
The numbers, week to September 22, 2026
| Market | Leveraged funds net | Weekly change | Asset managers net | Legacy speculators net | Open interest |
|---|---|---|---|---|---|
| Euro (EUR) | -26.7k | +1.5k | +216.5k | -52.3k | 822k |
| Japanese Yen (JPY) | +7.4k | -15.7k | +41.6k | +72.0k | 379k |
| British Pound (GBP) | +13.2k | -5.6k | -115.8k | -82.6k | 245k |
| Australian Dollar (AUD) | +58.7k | -2.4k | -55.4k | -46.8k | 306k |
| Canadian Dollar (CAD) | -46.9k | -7.8k | -24.1k | -53.2k | 311k |
| Swiss Franc (CHF) | -16.5k | -1.5k | -35.5k | -26.8k | 133k |
| New Zealand Dollar (NZD) | -4.8k | -3.0k | -11.5k | -11.4k | 101k |
| Mexican Peso (MXN) | +79.2k | -10.8k | +45.5k | +75.2k | 266k |
| US Dollar Index (USD) | -4.5k | +0.4k | +16.8k | +10.3k | 46k |
Data: CFTC Traders in Financial Futures (futures only) and legacy Commitments of Traders reports. Net = long contracts minus short contracts. Positioning describes the state of the futures market, it is not trading advice.