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Switzerland's political neutrality, stable economy and conservative central bank policy have historically made the Franc a preferred currency during periods of global market stress.
Because Switzerland's economy is closely linked to the Eurozone, USD/CHF often moves inversely to EUR/USD, and traders sometimes watch both pairs together.
Federal Reserve and Swiss National Bank policy announcements, US economic data, and shifts in global risk sentiment are the main drivers of USD/CHF.
Log in to your Pairmetric MetaTrader 5 account, search for USD/CHF in Market Watch, and open a buy or sell position based on your market outlook.
Yes - because the Swiss Franc and Euro are closely linked economically, traders sometimes compare USD/CHF alongside EUR/USD to build a broader picture of Dollar strength.