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In this section, you will find important USDCHF news, actionable trading ideas, and a live USDCHF chart to help you understand how the Swiss Franc trades vs. the US Dollar.
The USDCHF Forex pair is one of the most commonly traded pairs in the Forex market, presenting the sixth-largest volume worldwide according to a survey by the Bank for International Settlements. USDCHF also is known as Swissie between forex traders, is the ticker symbol in fx markets that represents how many Swiss Francs you can buy with one US dollar. The Swissie launched in 1850, has long been recognized as a safe-haven currency for international traders. This is because of the stability of the Swiss economy and the low inflation in the country. Switzerland is a major global banking center and that adds to CHF strength.
Live USDCHF Chart
USDCHF gains as SNB's Thomas Jordan opens the door for possible cuts in interest rates in the future.
The USDCHF pair was little changed even as the State Secretariat for Economic Affairs (SECO) released disappointing consumer sentiment data.
With gold price rallying to its 7-year highs, you may find it difficult to find an entry amid the strong uptrend. USDCHF could be the perfect alternative.