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CHF

Swiss Franc

-52 Weak ▼ weakening Rank #8 of 8

The Swiss Franc is the weakest of the eight major currencies right now, with a strength score of -52. Its biggest drag is interest rates: at around -0.0%, it pays less than most other major economies, so it attracts less money than higher-paying rivals. It's a safe-haven currency that shines when investors are nervous — but markets are fairly calm right now, which gives it less of a boost. Over the past few weeks it has been gradually weakening. One caution: after that run it now looks stretched — expensive versus its own recent range — which raises the risk of a pullback.

What's driving it

Pillar breakdown
Interest Rates -66
Positioning -40
Risk Mood -39
Underlying data
Short-term rate-0.04%as of 2026-04-01
10-year yield0.45%as of 2026-04-01
Fund positioning31th pctileas of 2026-05-19
3-month move vs USD-1.1%
Valuation (vs 1-yr norm)stretched / expensive

Historic Macro Strength Trend

+100+500−50−100
Ad Slot — In-Feed Native

CHF vs the other majors

Strength gap — click for the full pair