Speculative sentiment toward the Swiss franc weakened further, with the latest CFTC data showing net positions slipping deeper into negative territory. As of the update on 10 April 2026, CHF speculative net positions declined to -30.7K, compared with -29.9K previously.
The shift underscores a modest but clear increase in bearish positioning against the Swiss currency, suggesting traders are adding to short exposure rather than scaling back. While the move is incremental, the continued expansion of net shorts may signal investor expectations of relative underperformance of the franc in the near term, potentially influenced by broader global risk appetite and interest rate dynamics affecting Switzerland’s appeal as a safe-haven currency.
