COT 03/16

Published March 16th, 2009 - 10:15 GMT
Al Bawaba
Al Bawaba

CHF:  Speculators are net short and commercials net long. 




However, the 13 week index has increased from 8, indicating that a pessimistic extreme towards CHF may have been reached. 

Implications: bullish (bearish USDCHF)