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CFTC: Swiss Franc Net Short at 23,740 Contracts in Week to Oct. 6

The CFTC reported that speculators held a net short position of 23,740 Swiss franc contracts in the week ended October 6. Sterling net shorts stood at 97,611 contracts, while the euro was net short 99,332 contracts and the yen net long 62,325 contracts.

Original source

AI take

The Swiss franc's modest net short sits alongside far larger bearish bets on sterling and the euro, while the yen is the only major currency in net long territory. That divergence suggests positioning is driven by rate and policy expectations rather than a uniform dollar view. Whether the franc's short remains small, or converges toward the larger European shorts, is the open question.

Generated by AI for reference only.

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