Currencies · Market page
Japanese Yen
Short exposure sits in the 5th percentile. The lead participant net position changed −25.1K contracts over the latest week.
Positions as of1 Sept 2026Released 5 Sept 2026
01
Positioning history
Current exposure in its own range.
Positioning historyJapanese Yen exposure is measured against its own history.Lead participant rolling z-score
2026-09-01-1.71σ
02
Participant structure
Who carries the reported exposure.
ParticipantNet contractsRelative size
Asset managers−24.5K
Dealers+79.3K
Leveraged funds−102.2K
Non-reportables−5.3K
Other reportables+52.7K
CFTC participant categories vary by report family. The primary positioning series uses managed money for physical commodities and leveraged funds for financial futures.
03
Comparable states
What followed similar positioning.
| Positioning bucket | N | 4W positive | 8W positive | 12W positive | Avg 12W |
|---|---|---|---|---|---|
| z ≥ 2.0 (extreme long) | 20 | 40.0% | 35.0% | 40.0% | +0.48% |
| 1.5 ≤ z < 2.0 | 52 | 59.6% | 73.1% | 71.2% | -1.28% |
| 1.0 ≤ z < 1.5 | 82 | 58.5% | 61.0% | 65.9% | -1.24% |
| neutral (−1.0 < z < 1.0) | 424 | 50.9% | 49.6% | 50.6% | -0.93% |
| −1.5 < z ≤ −1.0 | 91 | 42.9% | 36.7% | 34.8% | -0.95% |
| −2.0 < z ≤ −1.5 | 66 | 42.4% | 43.8% | 37.1% | -2.07% |
| z ≤ −2.0 (extreme short) | 52 | 48.1% | 48.1% | 43.1% | -0.53% |
Overlapping historical observations. Periods and sample sizes are shown so the comparison can be read in context.