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2026.07.3119:30:00UTC+00Speculators Trim Bearish Bets on Swiss Franc as Net Shorts Edge Higher

CFTC data released on 31 July 2026 show that speculative positioning in the Swiss franc has turned slightly less bearish, with net short positions narrowing from -34.2K to -33.5K contracts.

The modest shift suggests that traders have marginally reduced their negative exposure to the CHF, though sentiment remains predominantly bearish. The adjustment in net shorts may indicate a cautious reassessment of the franc’s outlook, possibly reflecting changing expectations around global risk sentiment or interest rate differentials, even as overall positioning continues to lean against the Swiss currency.

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