CHF
Swiss Franc
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