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Mexican Peso COT Report — Futures Positioning

Mexican Peso futures · CME · CFTC contract code 095741

Latest positioning

+72,528 contracts net long — large speculators

Week ending 28 July 2026 · added 829 on the week · open interest 200,776 (-559)

Long 106,487 Short 33,959
75.8% long / 24.2% short

Reading this pair: The CFTC reports positioning in Mexican Peso futures, not USD/MXN. Speculators net long MXN corresponds to net short USD/MXN.

Net speculative position — last 52 weeks

Aug 2025 Dashed line = flat (neither net long nor net short) Jul 2026

The current reading sits in the 58th percentile of its 3-year range — over the past 3 years, the net position has been lower than it is now 58% of the time. A high reading means the position is crowded by its own historical standards; it is context, not a forecast.

All three cohorts

Net positions by trader category, week ending 28 July 2026
CategoryNet positionWeek change
Large speculatorsFunds and managed money+72,528+829
CommercialsProducers, users and banks hedging physical exposure-76,951-1,457
Small tradersBelow the CFTC reporting threshold+4,423

The three cohorts net to zero between them — every long has a short on the other side. Commercials being heavily short is normal for a produced commodity and is not a bearish view; it is a hedge against inventory they already own.

Weekly history

Net speculative position and open interest by week, most recent first
Week endingSpecs netOpen interest
28 Jul 2026+72,528200,776
21 Jul 2026+71,699201,335
14 Jul 2026+72,955199,350
7 Jul 2026+77,357198,958
30 Jun 2026+70,936195,406
23 Jun 2026+74,225198,588
16 Jun 2026+71,789276,950
9 Jun 2026+63,801213,844
2 Jun 2026+54,657204,071
26 May 2026+58,154201,274
19 May 2026+62,249203,827
12 May 2026+64,090188,631
5 May 2026+62,127186,899
28 Apr 2026+67,823202,265
21 Apr 2026+67,701195,622
14 Apr 2026+58,954188,147
7 Apr 2026+57,471182,790
31 Mar 2026+57,684184,074
24 Mar 2026+74,076166,676
17 Mar 2026+68,460171,319
10 Mar 2026+73,811254,257
3 Mar 2026+77,043235,943
24 Feb 2026+82,880225,567
17 Feb 2026+84,122226,417
10 Feb 2026+84,951226,933
3 Feb 2026+90,592225,867
27 Jan 2026+103,114237,744
20 Jan 2026+107,153239,959
13 Jan 2026+103,558241,382
6 Jan 2026+109,301250,364
30 Dec 2025+106,366249,474
23 Dec 2025+101,176255,477
16 Dec 2025+87,112365,595
9 Dec 2025+106,976284,060
2 Dec 2025+98,940235,435
25 Nov 2025+95,187207,501
18 Nov 2025+95,828216,607
10 Nov 2025+85,181197,299
4 Nov 2025+86,176188,337
28 Oct 2025+81,504193,166
21 Oct 2025+73,342177,118
14 Oct 2025+67,561178,245
7 Oct 2025+87,667191,754
30 Sep 2025+91,883183,221
23 Sep 2025+83,433176,007
16 Sep 2025+77,993182,118
9 Sep 2025+73,732213,424
2 Sep 2025+73,013179,417
26 Aug 2025+68,998165,392
19 Aug 2025+64,525162,678
12 Aug 2025+61,239182,397
5 Aug 2025+68,055176,153

Source: CFTC Commitments of Traders (Legacy, futures only) — a US government work, public domain. Positions are measured Tuesday and published the following Friday at about 15:30 ET, so this report is always at least three days behind the market. Positioning describes how traders are placed; it is not a forecast.

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