Net speculative positioning in the Swiss franc (CHF) has turned more negative, with traders increasing their bearish bets, according to the latest data released on 27 March 2026 on CFTC-reported positions.
The CFTC CHF speculative net positions declined from -25.2K previously to -27.1K, indicating a larger net short stance against the Swiss currency. The widening negative figure signals that, on balance, more market participants are betting on CHF weakness than strength compared with the prior reporting period.
This shift in positioning suggests that investors have become incrementally more cautious on the Swiss franc, though the move remains moderate rather than abrupt. Market participants will be watching upcoming macroeconomic data and policy signals from Switzerland for clues as to whether the negative sentiment toward the CHF continues to build or stabilizes from here.
