ForexBrokersAZ.com

USD/CHF from 0 Pips

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

HotForex

Currenex Account
More »
LCG

ECN Trading - MT4
More »
Fullerton Markets

ECN Account
More »
FXCC

ECN Standard
More »
FXCC

ECN Advanced
More »
InstaForex

Eurica Account
More »
FxPro

cTrader
More »
FXGiants

0 Pips on Majors
More »
FXOpen

ECN (MT4) Account
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 Forecast for EURUSD, GBPUSD, USDJPY and USDCHF for 24-28 April 201 Investing.com UK

Unlike EUR/USD, USD/CHF reacted rather violently to the British Prime Minister's announcement. Whilst half of the experts along with the oscillators had expected its fall to the level of 0.9980, in reality the local minimum ended up being 40 points lower. More »

USD/CHF Mid-Day Outlook Action Forex

Downside momentum in USD/CHF is a bit unconvincing as seen in 4 hour MACD. But with 0.9999 minor resistance intact, deeper fall is still expected. Current decline from 1.0107 will extend to 0.9812 support and below. Fall from 1.0342 is seen as a ... More »

If resistance cannot be broken, the price goes lower. USDCHF trades near lows. ForexLive

The USDCHF moved up to the 100 hour MA yesterday not just once, but twice. Then today, the same moving average was tested in the Asian session. Three tests. No breaks. HMMMM. What does that say to you? If resistance cannot be broken, the price goes ... More »

Related articles


Tell your friends about us:

Featured Brokers

#1 for Pros

1:300 leverage
$500 deposit
0.8 pips EURUSD

#1 Low Spreads

1:400 leverage
$100 deposit
1.8 pips EURUSD

#1 Islamic

1:400 leverage
$500 deposit
1.2 pips EURUSD

#1 for Beginners

1:500 leverage
$10 deposit
0.95 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, Join our Affiliate Program »