BRAZILIAN REAL COT report

BRAZILIAN REAL - CHICAGO MERCANTILE EXCHANGE positioning from the CFTC Legacy report. Net positions equal long contracts minus short contracts. Commercial, non-commercial and non-reportable classifications describe participants; they are not buy or sell signals.

Positions as of 2026-10-27. Open interest: 168738 contracts. This is the latest stored observation, not live trading data.

How are traders positioned?

Non-commercial percentile: 34 across 103 stored observations. This is the share of sampled net positions at or below the latest value, not a price forecast.

Historical AI commentary — 2026-07-07

This commentary is dated separately from the positioning table. It may describe an earlier market environment.

SUMMARY: The Brazilian Real shows extreme positioning with speculative traders at a record 100th percentile net long and dealers at a record 0th percentile net short. This extreme divergence has historically led to modest gains over the next month, but the recent decline in speculative positions and low historical consistency suggest caution.

How should this COT report be used?

Use positioning to understand exposure and crowded trades alongside price, liquidity and risk controls. Weekly reports generally describe Tuesday positions released on Friday, subject to the CFTC schedule. Classifications differ in TFF and Disaggregated reports. Compare like-for-like formats and dates.

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