FX.co ★ Swiss Franc Speculative Net Shorts Narrow Amid Changing Market Dynamics

As of January 9, 2026, the Commodity Futures Trading Commission (CFTC) has released data indicating a contraction in speculative net short positions for the Swiss Franc (CHF). The latest figures show that the positions have decreased to -40.3K from a previous level of -44.2K, highlighting a recent shift in market sentiment towards the currency.

The narrowing of speculative shorts suggests a changing outlook among traders and investors towards the Swiss Franc. This adjustment may be attributed to several factors, including fluctuating global economic conditions, policy decisions by the Swiss National Bank, and the evolving landscape of international trade and finance. As the market reassesses its stance, the Swiss Franc continues to serve as a barometer for investors gauging global economic stability.

Such movements are significant indicators for financial analysts and investors monitoring currency trends. This shift in speculative net positions could signal forthcoming adjustments in strategy among forex traders. Market participants will be closely watching upcoming economic signals and policy announcements for further cues on the direction of the CHF. As the CFTC update reveals, evolving economic factors continue to shape the landscape of speculative trading.