The following charts indicate Swiss Franc Non-Commercial Traders are near the end of a short selling cycle. Based on Commercial Trader positions, countries repatriating gold, tariffs, etc., banks, sovereign wealth funds, hedge funds, and global corporations expect stock market and currency volatility in 2025 and 2026. They will move to Swiss Francs, among other stable assets, for safety just as they did in 2019 and 2020.
Note that this information is for educational purposes only and not a recommendation.
Currency chart courtesy of StockCharts.com.
