EUR/CHF

EUR/CHF

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EURO SWISS FRANC TRADING.


History of the Euro

On 1 January 1999, the euro was officially introduced after a decade of preparations; for the first three years, it was treated as "invisible," with its use limited to accounting and electronic payments. In twelve European Union countries, the largest cash changeover in history occurred on January 1, 2002, when coins and banknotes were first introduced.

History of the Swiss Franc

The first Swiss Franc was introduced in 1850, and it was equal in value to the French Franc at the time. As of 1865, Switzerland was a member of the Latin Monetary Union, which was comprised of the countries of France, Italy, Switzerland, and Belgium. In 2008, the Swiss Franc was worth more than the United States dollar. The 9th series of Francs was introduced in the year 2010.

EUR/CHF Forex Chart
Instrument: EUR/CHF
Spread: Floating
Leverage: 1:20
Margin: 5.00%
Minimum Nominal Trade Size: 1000
Overnight Interest (daily) Sell: -1.64%
Overnight Interest (daily) Buy: -2.26%
Trading Hours (GMT): 24/5
MT5 / MT4 Symbol: EUR/CHF

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EUR/CHF Trading FAQs

Swiss franc traders have a lot of short- and long-term options thanks to four well-known currency pairs. Before and after economic releases, the best times to trade these instruments are 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.

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