Get the latest mid-market rate for USD (US Dollar) / CHF (Swiss Franc) for today’s right here.
Get the latest mid-market rate for USD (US Dollar) / CHF (Swiss Franc) for today’s right here.
The latest rates for USD (US Dollar) / CHF (Swiss Franc) are available below. As a leading finance news site the team at Born2Invest collates and analyses the latest Forex Market data to bring you live information to help you make the right forex trading decisions.
Remember to always trade with a reputable broker. It’s also possible to apply forex concepts to cryptocurrency trading.
The exchange rate of USD/CHF is largely influenced by events that impact the Swiss and U.S. economy. Employment data, GBP, and other economic indicators all have a significant impact on the currency pair. The Swiff Franc is considered a safe haven currency, which means that investors often turn to it in order to protect their assets during economic downturns.
When trading USD/CHF there are a number of forex trading tips to keep in mind:
Watch JPY: CHF and JPY are both positively correlated, if JPY is doing well then so will CHF. Conversely if EUR and GBP are doing well then expect CHF prices to drop.
Understand the economy: CHF is a safe haven currency so will increase in value during difficult times, if you think a downturn is coming CHF is a safe bet to protect your assets.
Watch the news: If The Fed or Swiss National Bank change interest rates this can have a major impact on the exchange rate of USD/CHF.