Week 41, 2026
NZD leads heavy selling while CHF sees short covering
Report date: Tue 13th Oct 26
Released: Fri 16th Oct 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators unwound NZD in size this week. CHF bought, but that was the smaller side of the tape.
Top Buyers This Week
CHF
The book is net short, but it still sits as a crowded long versus the prior 52 weeks. Short covering while still net short, +2.09% of the book. This is a second week of buying. Spot continued the buying from the report date close (Tue 13 Oct) to the latest price when the report was released (Fri 16 Oct), +1.1%.
The full positioning table is for Premium members
Contracts, week-to-week changes, and 52-week crowding — the same depth as the commodity digest.
Top Sellers This Week
NZD
The heaviest selling of the week: long liquidation and new shorts while still net short, -20.77% of the book. This is a second week of selling. Spot did not continue the selling from the report date close (Tue 13 Oct) to the latest price when the report was released (Fri 16 Oct); it moved the other way, +0.7%.
EUR
The book is still net short and sits as a crowded short versus the prior 52 weeks. Long liquidation and new shorts, -6.53% of the book. This is a second week of selling. Spot did not continue the selling from the report date close (Tue 13 Oct) to the latest price when the report was released (Fri 16 Oct); it moved the other way, +0.4%.
AUD
Long liquidation and new shorts while still net short, -6.26% of the book. This marks a second week of the same flow. Spot continued the selling from the report date close (Tue 13 Oct) to the latest price when the report was released (Fri 16 Oct), -0.5%.
GBP
Long liquidation and new shorts while still net short, -4.97% of the book.
JPY
New shorts while still net long, -3.81% of the book.
The full positioning table is for Premium members
Contracts, week-to-week changes, and 52-week crowding — the same depth as the commodity digest.
US Dollar Index
Broad USD positioning turned to new longs but the index did not continue the buying from the report date close to the release close; it moved the other way, -0.4%.
| Open Interest | Long | Short |
|---|---|---|
|
1.41%
(52,273)
|
6.78%
|
6.28%
|
Other Notable Moves
CAD saw long liquidation and new shorts; spot did not continue the selling from the report date close (Tue 13 Oct) to the latest price when the report was released (Fri 16 Oct); it moved the other way, +0.5%.
Quick Read
NZD posted the week's largest move with long liquidation and new shorts while still net short.
CHF added short covering into a crowded long versus the prior 52 weeks even though the book remains net short.
EUR and AUD both extended selling while the dollar index turned against its new longs.
Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.
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