Yen
Japanese Yen
Week of June 23, 2026
BEARISH
Smart money is net short and reducing.
2Y percentile: 5th — Extremely low (historically rare)
Weekly change: -320 contracts
Weekly Changes
Asset Managers+3.3K
Leveraged Funds-320
Dealers-11.5K
Other Reportable+3.5K
Positioning Percentile (2Y)
Asset Managers
3rdExtremely low (historically rare)
050100
Leveraged Funds
5thExtremely low (historically rare)
050100
Dealers
95thExtremely high (historically rare)
050100
Other Reportable
39thBelow average
050100
Full Stats Table
| Trader Type | Net Position | Weekly Change | 2Y Percentile | 5Y Percentile |
|---|---|---|---|---|
| Asset Managers | -78.4K | +3.3K | 3rd | 4th |
| Leveraged Funds | -97.1K | -320 | 5th | 3rd |
| Dealers | +118.4K | -11.5K | 95th | 83rd |
| Other Reportable | +53.3K | +3.5K | 39th | 76th |
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.