FX.co ★ Yen Bears Ease Slightly as CFTC Speculative Net Shorts Narrow in Latest Data

Speculative positioning in the Japanese yen showed a marginal shift in sentiment, according to the latest Commitments of Traders data released on 13 February 2026. The CFTC reported that JPY speculative net positions improved slightly to -19.1K, compared with -19.2K previously.

While the change is minimal, it indicates that bearish bets against the yen have eased just a fraction. The data suggest that market participants remain net short on the Japanese currency, but there has been no significant escalation in negative positioning. Investors will now look to upcoming economic releases and central bank signals from Japan and key counterpart economies to see whether this tentative adjustment in speculative stance develops into a more pronounced re-positioning in the yen.