Currency Pairs – USD/CHF (US Dollar/Swiss Franc)

Currency pairs are distinguished on the basis of their trading features and behavior. The behavior and characteristics of the USD/CHF (US Dollar/Swiss Franc) pair:

Also known as the Swissy, the CHF is sometimes volatile, since it has the lowest liquidity of the four Majors. This means that the CHF it is the least traded of the world’s four most transacted currency pairs. As mentioned earlier, it shares an inverse relationship with the Euro, which means that both move in opposite directions on the forex market. A majority of the online forex brokers quote the spread of three to five PIPs for the Swissy, which makes it less favorable for trade for most traders and leads to its lower liquidity status. Its daily trade on an average is around 100 PIPs, which tends to improve in times of political uncertainty or a war, since the Swissy is regarded as a “safe haven” currency.

The movement of the CHF in different time zones is similar to the Euro. It trades slowly with liquidity low in the Asian time zone, getting fast-paced when the European market opens, improving the liquidity and trading steadily until the New York market closes.