Latest data from the U.S. Commodity Futures Trading Commission (CFTC) show that speculative traders have marginally increased their net short exposure to the Swiss franc. As of the update on 6 March 2026, CHF speculative net positions slipped to -41.3K, compared with -41.2K previously.
The slight move further into negative territory signals that, on balance, speculators remain positioned against the Swiss franc, though the change itself is minimal. The persistence of sizeable net short positions suggests that market participants continue to see limited near-term upside for the currency, even if recent adjustments have been incremental rather than directional shifts. Investors will now watch upcoming macroeconomic data and central bank signals for any catalyst that could prompt a more pronounced repositioning in CHF futures.