Franc

Swiss Franc

Week of June 23, 2026

BEARISH

Smart money is net short and reducing.

2Y percentile: 17thWell below average

Weekly change: -1,450 contracts

Weekly Changes

Asset Managers
-1.4K
Leveraged Funds
-1.4K
Dealers
+4.8K
Other Reportable
-224

Positioning Percentile (2Y)

Asset Managers
27thBelow average
050100
Leveraged Funds
17thWell below average
050100
Dealers
96thExtremely high (historically rare)
050100
Other Reportable
42ndNormal range
050100
Full Stats Table
Trader TypeNet PositionWeekly Change2Y Percentile5Y Percentile
Asset Managers-39.8K-1.4K27th11th
Leveraged Funds-13.8K-1.4K17th8th
Dealers+69.2K+4.8K96th98th
Other Reportable-165-22442nd27th

About Franc Positioning

The safe-haven currency. Franc positioning spikes during geopolitical stress and risk-off episodes. When specs are heavily long francs, the market is pricing in trouble. SNB intervention risk adds another layer — extreme positioning often precedes central bank pushback.