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Swiss Franc

Short exposure sits in the 26th percentile. The lead participant net position changed +603 contracts over the latest week.

Positions as of21 Jul 2026Released 25 Jul 2026
ConditionPositioning reversalChanged this release
3Y historical percentile26th−1.47σ from the rolling mean
Net / open interest-8.2%Lead participant exposure
1-week flow+6034-week flow +4.9K
Positioning historySwiss Franc exposure is measured against its own history.Lead participant rolling z-score
2026-07-21-1.47σ
-2σ0σ+2σ
2023-08-01Source: U.S. CFTC2026-07-21
ParticipantNet contractsRelative size
Asset managers−37.6K
Dealers+61.2K
Leveraged funds−8.9K
Non-reportables−14K
Other reportables−673

CFTC participant categories vary by report family. The primary positioning series uses managed money for physical commodities and leveraged funds for financial futures.

Positioning bucketN4W positive8W positive12W positiveAvg 12W
z ≥ 2.0 (extreme long)1752.9%52.9%47.1%-0.40%
1.5 ≤ z < 2.04658.7%69.6%56.5%-0.97%
1.0 ≤ z < 1.59352.7%46.2%50.5%+0.28%
neutral (−1.0 < z < 1.0)44249.3%46.4%44.1%+0.04%
−1.5 < z ≤ −1.06152.5%49.2%50.8%+0.53%
−2.0 < z ≤ −1.56045.0%43.3%45.0%-0.13%
z ≤ −2.0 (extreme short)6248.4%48.3%64.3%+1.30%

Overlapping historical observations. Periods and sample sizes are shown so the comparison can be read in context.