Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.
US DOLLAR / SWISS FRANC Trading
The USD/CHF currency pair is usually called “The Swissie”. The CHF is the last Franc still in issuance in Europe, and the pairing of the USD to CHF is one of the most commonly traded currencies pairs in the Forex market, representing a significant quota of daily trading. Moreover, the currency pair had always a near-negative correlation with the EUR/USD pair. When the USD/CHF tends to rise the EUR/USD falls. Τhe USD/CHF currency pair has a negative correlation with gold and when the gold prices rise the USD/CHF tend to fall.
History of USD CHF Trading
The USD dates back to 1792, when the US dollar was created by the United States Congress as the official country’s currency. It serves as legal tender in many countries and it is the most widely used currency in the world both in circulation and reserve. The US dollar form the majors as it pairs with all main currencies in the foreign exchange market (forex).
The CHF represents the economy of the neutral nation situation in the center of Europe, and it is the official currency of Switzerland. The country has been for a long time a key player in the banking center for customers around the world and for more a desirable location for storing cash as it still secrets the maintain of their banking operations. This popularity helped the currency of Switzerland to gain considerable strength, pressuring exporters from the nation.
Increase your ability
to profit in
all
market conditions
Leverage options up to 20:1
Real-time, transparent
share prices
Control, Functionality and deep liquidity
Full Market depth & see your orders in the queue
MT4, MT5, Webtrader & Iress with
superior client portal
Award winning support &
personal account managers
Low margins and competitive commission
+10,000 products on global stocks
across 4 continents
On long positions
No ownership of physical
shares necessary
Access 10,000+ financial instruments Auto open & close positions News & economic calendar Technical indicators & charts Many more tools included
By supplying your email you agree to FP Markets privacy policy and receive future marketing materials from FP Markets. You can unsubscribe at any time.
Source - database | Page ID - 5565
Charts by TradingView
USD/CHF Trading FAQs
When Is the Best Time to Trade USD/CHF?
When Is the Best Time to Trade USD/CHF?
While forex pairs can theoretically be traded 24 hours a day, there are optimum times to trade the USD/CAD whenever the currency pair is more volatile. From 2:00 a.m. to 5:00 a.m. ET, and from 8:30 a.m. to 10:00 a.m. ET. the USD/CHF is usually busy (GMT).
What affects USD/CHF investing?
What affects USD/CHF investing?
Many factors can affect the USD/CHF market sentiment and spot rates, such as central banks policies, the price of commodities in each country, exports of both countries, economic growth, and political stability.
Why Is the USD/CHF Currency Pair Significant to Traders?
Why Is the USD/CHF Currency
Pair Significant to Traders?
With the U.S dollar being at the top of the list, the Swiss Franc act as one of the world’s top safe haven currencies. The USD/CHF pairing is one of the most popular currencies pairs in the forex market. The neutral stance on political events and the discreet banking system of Switzerland have a strong impact on the country and is why it is highly coveted during times of uncertainty and turmoil. So the USD/CHF pair is ranked in 6th place of the most traded pair on average.
Where Can I Find a Trusted Forex Broker to Trade USD/CHF?
Where Can I Find a Trusted
Forex Broker to Trade USD/CHF?
As you may already know, trading via CFDs (contracts for difference) is one of the most popular approaches when dealing with currencies such as USD and CHF. While there are numerous Forex brokers out there. Try to find one that suits your needs. Such as FP Markets, a fully regulated broker that offers all types of platforms and accounts, to suit every need.