Introduction The USD/CHF Pair

Posted on


The USD/CHF (US dollar/Swiss Franc) is the relation of the US dollar against the Swiss Franc. The CHF is the official currency of Switzerland and is considered a safe haven currency due to it’s relationship with gold. There’s also a strong negative correlation between EUR/USD and USD/CHF.

Forex Knowledge: Trading the US dollar/Swiss Franc

  • Typical broker spread: 1.1-4 pips
  • Common used nicknames: Swissy
  • Most active trading sessions: EUR session and US session
  • Most active trading hours: 7:30 GMT-17:30 GMT
  • Average daily range (high-low): 111 pips
  • Trading strategies to trade USD/CHF: Click here
  • Recommended level of trading experience: Intermediate
  • Value of one pip USD/CHF: Variable

Economic Events That Move The US dollar/Swiss Franc

A. Switzerland

  • Trade Balance
  • Gross Domestic Product (GDP)
  • Consumer Price Index (CPI)
  • UBS Consumption Indicator
  • Adjusted Retail Sales
  • SNB Three-Month Target Libor Rate
  • SNB Quarterly Monetary Policy Assessment
  • SNB Chief Economist Speaks

B. United States

  • Employment – (Non-Farm Payrolls and Unemployment Rate)
  • FOMC Rate Decision
  • Trade Balance
  • Current Account Balance
  • Net Foreign Security Purchases (TIC)
  • Gross Domestic Product (GDP)
  • Consumer Confidence
  • ISM Manufacturing
  • Philadelphia Fed Survey
  • Durable Goods Orders
  • University of Michigan Consumer Sentiment Index
  • Consumer Price Index
  • Producer Price Index (PPI)
  • Advance Retail Sales
  • Fed President Speaks