Speculative positioning in the euro turned markedly more bearish, with the latest CFTC data showing net short EUR positions widening to -99.3K contracts, up from -63.3K previously. The figures, updated on 9 October 2026, point to a significant build-up in bets against the common currency.
The shift suggests that traders and speculative investors have grown more pessimistic on the euro’s near-term outlook, adding to short positions at a notable pace. The move from -63.3K to -99.3K indicates that selling pressure has intensified, reflecting increased conviction among market participants that the euro may weaken further against major counterparts.
While the data alone does not reveal the drivers behind the move, the sharp increase in net shorts underscores a more defensive stance toward Euro Zone assets in speculative markets and could influence currency volatility going forward.
