FX.co ★ CHF Bears Trim Positions as CFTC Net Shorts Narrow Slightly

Speculative traders marginally reduced their bearish exposure to the Swiss franc, according to the latest Commitments of Traders report. Data updated on 17 July 2026 show CFTC CHF speculative net positions edging up to -37.0K from a previous -37.4K.

The shift reflects a modest trimming of net short positions rather than a decisive change in sentiment, with CHF still held predominantly on the short side by speculators. While the move is small, it may indicate early signs of reassessment around the Swiss currency’s outlook among leveraged and speculative participants in the futures market.