FX.co ★ Speculators Trim Long Bets on Mexican Peso as CFTC Net Positions Ease

Speculative positioning in the Mexican peso moderated in the latest reporting period, with CFTC MXN speculative net positions slipping from 73.8K to 68.5K. The data, updated on 20 March 2026, point to a reduction in net long exposure to the currency.

The pullback suggests that traders are becoming somewhat more cautious on the peso after previously elevated bullish positioning. While net positions remain positive, the decline may reflect profit-taking or a reassessment of near-term risks surrounding Mexico’s macroeconomic outlook and broader emerging-market sentiment.

For market participants, the move in positioning will be closely watched as an indicator of changing risk appetite toward the peso, particularly in the context of global interest-rate trends and shifts in demand for higher-yielding assets.