Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.
CANADIAN DOLLAR /SWISS FRANC Trading
This is the forex quote for the Canadian Dollar against the Swiss Franc. In this quote, the value of one CAD (the 'base currency') is quoted in terms of CHF (the 'counter currency'). The Canadian Dollar is often considered to be a 'commodity currency' because Canada exports a large number of natural resources, notably oil. In practical terms, this makes it sensitive to the ebb and flow of trends in investors' overall outlook on global economic growth. Meanwhile, Switzerland's has a long-standing history as a safe haven and harbour for foreigners looking to house their wealth in a private banking system. As a pairing embodying the relationship between a growth-linked, higher-yielding currency and a safety-geared, low yielding one, CAD/CHF is a notable carry trade vehicle.
History of CANADIAN DOLLAR /SWISS FRANC
Canada's monetary policy, and the value of the Canadian dollar, are heavily influenced by global commodity prices. Natural resources are an important part of Canada's economy, and for that reason, its currency tends to fluctuate according to world commodity prices, economy is driven by exports, particularly in consumer electronics, IT products, pharmaceuticals and other chemicals.
In 1850, the first Swiss Franc was introduced; it was on par with the French Franc. In 1865, Switzerland became part of the Latin Monetary Union, which consisted of France, Italy, Switzerland, and Belgium. In 2008, the Swiss Franc was valued higher than the USD. In 2010, the 9th series of Francs was introduced.
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
Přístup k více než 10 000 finančních nástrojů Automatické otevírání a zavírání pozic Zprávy a hospodářský kalendář Technické indikátory a grafy Mnoho dalších dodaných nástrojů
Zadáním své e-mailové adresy vyjadřujete souhlas se zásadami ochrany osobních údajů FP Markets a v budoucnu budete od FP Markets dostávat marketingové materiály. Odběr můžete kdykoli odhlásit.
Source - database | Page ID - 3297
Charts by TradingView
CAD/CHF Trading FAQs
When Is the Best Time to Trade CAD/CHF?
When Is the Best Time to Trade CAD/CHF?
While forex pairs can theoretically be traded 24 hours a day, there are optimum times to trade the CAD/CHF whenever the currency pair is more volatile. Swiss Franc and Equity Exchange Hours. CHF trading schedules roughly follow exchange hours, increasing activity when the Frankfurt and New York equity markets and the Chicago futures and options markets are open for business.
Why Is the CAD/CHF Currency Pair Significant to Traders?
Why Is the CAD/CHF Currency
Pair Significant to Traders?
The best times to trade these instruments are cantered before and after economic releases, scheduled between 2:00 a.m. and 5:00 a.m. ET, as well as between 8:30 a.m. and 10:00 a.m. ET.
Is CAD/CHF a Good Pair to Trade?
CAD/CHF may not be one of the mainstream Forex pairs, but it still has several desirable characteristics. For one, CAD/CHF interests traders because both CAD and EUR are two major currencies in the Forex market. It’s also not a bad thing that the pair manages to retain quite a bit of liquidity without excessive volatility.
Where Can I Find a Trusted Forex Broker to Trade CAD/CHF?
Where Can I Find a Trusted
Forex Broker to Trade CAD/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 CAD/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.