{"id":43654,"date":"2026-03-28T03:42:32","date_gmt":"2026-03-28T03:42:32","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/43654\/"},"modified":"2026-03-28T03:42:32","modified_gmt":"2026-03-28T03:42:32","slug":"cftc-data-shows-japans-non-commercial-jpy-net-positions-improved-to-62-8k-from-67-8k","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/43654\/","title":{"rendered":"CFTC data shows Japan\u2019s non-commercial JPY net positions improved to -62.8K from -67.8K"},"content":{"rendered":"Japan CFTC data shows non-commercial net JPY positions at -62.8K. The previous reading was -67.8K.\n\nThe latest data shows speculative net short positions in the Japanese Yen have decreased to 62,800 contracts from 67,800. This indicates that large traders are reducing their bets against the Yen. This is the third consecutive week we have seen shorts being covered, suggesting a potential shift in market sentiment.\n\n<h3>Rate Gap Narrows<\/h3>\nThis change is happening as we see the interest rate gap between the U.S. and Japan begin to narrow. Recent weaker U.S. jobs data from early March has solidified expectations that the Federal Reserve will begin cutting rates by the third quarter of this year. Meanwhile, inflation in Japan remains persistent, with the latest Tokyo Core CPI for March coming in at 2.5%, fuelling talk of further policy normalization by the Bank of Japan.\n\nFor derivative traders, this means the risk-reward of being short JPY is becoming less attractive. We saw this trade perform exceptionally well through 2025 as USD\/JPY repeatedly pushed above the 160 level. That conviction is now clearly fading as the fundamental story changes.\n\nTherefore, holding large short JPY positions looks increasingly risky. Traders should consider reducing exposure or hedging against a sharp rally in the Yen. Volatility in USD\/JPY options has ticked up to a six-month high of 11.2%, signaling that the market is preparing for a larger move than we have grown accustomed to.\n\n<h3>Positioning Risk Rising<\/h3>\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>CFTC data shows Japan\u2019s non-commercial traders reduced net short JPY positions to -62.8K from -67.8K.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-43654","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/43654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=43654"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/43654\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=43654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=43654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=43654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}