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Euro FX

Short exposure sits in the 10th percentile. The lead participant net position changed +186 contracts over the latest week.

Positions as of1 Sept 2026Released 5 Sept 2026
ConditionNeutral rangeCondition held
3Y historical percentile10th−1.35σ from the rolling mean
Net / open interest-4.4%Lead participant exposure
1-week flow+1864-week flow +14K
Positioning historyEuro FX exposure is measured against its own history.Lead participant rolling z-score
2026-09-01-1.35σ
-2σ0σ+2σ
2023-09-12Source: U.S. CFTC2026-09-01
ParticipantNet contractsRelative size
Asset managers+263.3K
Dealers−267.6K
Leveraged funds−38.2K
Non-reportables+33.7K
Other reportables+8.8K

CFTC participant categories vary by report family. The primary positioning series uses managed money for physical commodities and leveraged funds for financial futures.

Positioning bucketN4W positive8W positive12W positiveAvg 12W
z ≥ 2.0 (extreme long)4040.0%30.0%32.5%+2.11%
1.5 ≤ z < 2.06839.7%42.6%45.6%+0.54%
1.0 ≤ z < 1.59355.9%51.6%45.2%+0.07%
neutral (−1.0 < z < 1.0)37146.4%45.0%39.6%+0.14%
−1.5 < z ≤ −1.09533.7%37.9%25.3%-1.90%
−2.0 < z ≤ −1.54822.9%18.8%21.3%-1.90%
z ≤ −2.0 (extreme short)7248.6%38.2%29.2%-1.58%

Overlapping historical observations. Periods and sample sizes are shown so the comparison can be read in context.