FX.co ★ Swiss Franc Short Positions Narrow as Speculative Bets Ease

Speculative positioning in the Swiss franc (CHF) turned less negative, with net short contracts narrowing according to the latest Commitments of Traders data released on 06 November 2026. The CFTC reported that CHF speculative net positions improved from -20.0K previously to -16.6K, indicating a modest reduction in bearish sentiment toward the currency.

The shift suggests that some market participants are paring back their short exposure to the Swiss franc, potentially reflecting changing expectations around global risk appetite, interest rate differentials, or Switzerland’s relative safe-haven status. While positioning remains net short overall, the move toward a smaller negative balance could signal early stages of a sentiment adjustment among speculative traders.