ForexBrokersAZ.com

USD/CHF from 0 Pips

Compare Forex brokers and trading sites with tight USD/CHF spreads, high leverage and strong execution:

FXCC

ECN Standard
More »
FXCC

ECN Advanced
More »
FXGiants

0 Pips on Majors
More »
InstaForex

Eurica Account
More »
FXOpen

ECN (MT4) Account
More »
FxPro

cTrader
More »

The Swiss franc is one of five Major currencies. However, this isn't because of its trading volumes: USD/CHF accounts for just 4% of global foreign exchange volumes (less then than USD/GBP, USD/AUD or even the USD/CAD currency pairs).

A safe haven currency

Instead, the Swiss franc acts as a safe haven - a currency that investors turn to as a store of value rather than a source of capital appreciation at times of market turmoil. For example, the Swiss franc appreciated by 15% against the Dollar from 1.1964 on July 1st to 1.3779 on August 11th following the downgrade of the United States' credit rating by Standard & Poor's.

As good as gold?

Switzerland's neutrality, stable political system and secretive banking system make Switzerland a popular destination for risk-averse investors. However, the currency's long standing ties to gold also explain its role as a store of value. Formerly, the Swiss National Bank (SNB) was required to redeem banknotes into gold on request. Until 1997, the Swiss constitution required that at least 40% of the currency be backed by gold reserves. Since, a constitutional amendment lowered the threshold to 25% and the bank's gold reserves have fallen. However, the Swiss franc maintains to this day a strong positive correlation with gold. When the price of gold rises, the Swiss franc is likely to appreciate in response.

Latest news

Forex technical analysis: USDCHF breaks above 100 hour MA/50% retracement ForexLive

The USDCHF is trading at session highs - following the USDs move up. The last push has taken the price above the 100 horu AM at 1.0082 and also the 50% of the move down from last week's highs. Traders who leaned against that level are being forced to ...and more » More »

USD/CHF Forex Signal | DailyForex DailyForex.com

Get the USD/CHF Forex signal for February 27, 2017 here.and more » More »

USD/CHF should reach new highs February, 27, 2017 FX Daily Report

The USD/CHF has increased today and has resumed the Friday's bullish candle, right now is pressuring an important static resistance. Could increase further if will have enough energy to stay much above the 1.0000 psychological level. Technically should ...and more » More »

Related articles


Tell your friends about us:

Featured Brokers

#1 for Pros

1:400 leverage
$1 deposit
1.1 pips EURUSD

#1 Low Spreads

1:400 leverage
$100 deposit
1.8 pips EURUSD

#1 for Beginners

1:200 leverage
$100 deposit
3 pips EURUSD


About Us  Privacy Policy  Terms of Use  Directory  Forex Affiliate Programmes  RSS Feed  

Trading foreign exchange, contracts for differences or spread bets on margin carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some or all of your funds if the markets move against you. For this reason, you should not invest more than you could afford to lose. ForexBrokersAZ.com does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000.

Webmasters, Make Money with our Affiliate Program »