Yen

Japanese Yen

Week of September 29, 2026

BULLISH

Smart money is net short and reducing.

2Y percentile: 70th, Above average

Weekly change: -21,584 contracts

Weekly Changes

Asset Managers
+10.0K
Leveraged Funds
-21.6K
Dealers
+21.6K
Other Reportable
-6.1K

Positioning Percentile (2Y)

Asset Managers
55thNormal range
050100
Leveraged Funds
70thAbove average
050100
Dealers
42ndNormal range
050100
Other Reportable
23rdWell below average
050100
Full Stats Table
Trader TypeNet PositionWeekly Change2Y Percentile5Y Percentile
Asset Managers+51.6K+10.0K55th82nd
Leveraged Funds-14.2K-21.6K70th83rd
Dealers-86.7K+21.6K42nd17th
Other Reportable+48.7K-6.1K23rd68th

About Yen Positioning

The original carry trade currency. Yen positioning reflects global risk appetite and interest rate differentials. When specs pile into yen shorts, they're funding carry trades elsewhere. Rapid yen short covering has triggered some of the most violent unwinds in market history.