Euro (EUR) COT Report
Speculative positioning in Euro FX (CME) futures, as of Tuesday 3 November 2026.
Net position
-157,791
contracts, net short
Weekly change
-13,897
contracts
Longs / shorts
37%
229,383 long, 387,174 short
52-week percentile
0
Crowded shortWhat this means
Large speculators are net short Euro futures by 157,791 contracts. In the latest week their net position changed by -13,897 contracts, towards the short side. Against the past year, positioning scores 0 out of 100. Speculators are more net short than in at least 90% of the past year's weeks, so the short side is crowded. A positive surprise could trigger a sharp short squeeze.
Euro FX futures trade on the CME. A net long position is a bet on EUR/USD rising.
EUR positioning over the past year
Range over this period: -157,791 to +180,305 contracts.
Recent weeks
| Week of | Long | Short | Net | Change | Percentile |
|---|---|---|---|---|---|
| 3 Nov 2026 | 229,383 | 387,174 | -157,791 | -13,897 | 0 |
| 27 Oct 2026 | 230,646 | 374,540 | -143,894 | -9,370 | 0 |
| 20 Oct 2026 | 226,421 | 360,945 | -134,524 | +3,049 | 2 |
| 13 Oct 2026 | 222,929 | 360,502 | -137,573 | -38,241 | 0 |
| 6 Oct 2026 | 243,020 | 342,352 | -99,332 | -36,076 | 0 |
| 29 Sep 2026 | 238,183 | 301,439 | -63,256 | -10,922 | 2 |
| 22 Sep 2026 | 220,708 | 273,042 | -52,334 | -25,341 | 8 |
| 15 Sep 2026 | 209,000 | 235,993 | -26,993 | +15,623 | 14 |
| 8 Sep 2026 | 198,509 | 241,125 | -42,616 | -17,691 | 10 |
| 1 Sep 2026 | 203,477 | 228,402 | -24,925 | +11,427 | 15 |
| 25 Aug 2026 | 198,919 | 235,271 | -36,352 | +22,736 | 15 |
| 18 Aug 2026 | 196,241 | 255,329 | -59,088 | +922 | 12 |
Non-commercial (speculative) positions in futures contracts. Source: CFTC Commitments of Traders, Legacy futures-only report. Published here 48 hours after the CFTC release.
EUR pairs
Trend, volatility and squeeze for the pairs this positioning affects.