Chart of price change USD/CHF
Currency pair USDCHF — is a pair which in many respects depends on an economic situation of the United States of America. USDCHF is one of the most popular currency pairs among traders today. Choosing this currency pair, the trader should pay attention to the economy of the USA. Switzerland is one of the most developed and rich countries who, according to the western economists enters in the ten countries of the world on the level of economic competition and has one of the largest world banks. Production of the country is more directed on the foreign markets that allow cooperating with EU countries fruitfully.
Economic news
The dollar and other safe-haven currencies were well bid on Friday after a surge in new coronavirus cases in the United States further undermined t...
The dollar held gains against the yen on Wednesday ahead of data expected to show U.S. manufacturing activity and hiring continued to recover from ...
The dollar held on to modest gains on Tuesday as upbeat U.S. home sales and Chinese factory data left traders torn between optimism about global gr...
The Australian and New Zealand dollars fell against their U.S. counterpart on Monday as fears of a second wave of the coronavirus in Beijing prompt...
The Australian dollar and other risk-sensitive currencies gave up more ground on Friday, while safe-haven currencies were supported after equities ...
The dollar dropped to a three-month low amid speculation the U.S. Federal Reserve will announce later on Wednesday it intends to keep a recent rise...
The euro consolidated its gains on Friday after receiving a boost from the European Central Bank’s announcement a day earlier that it was exp...
The euro held on to big gains on Friday after the European Central Bank expanded its stimulus more than expected to prop up an economy dealing with...
Brokers' Analytics
Having broken the $1800 level, the yellow metal continues to push higher this afternoon. The Dollar has recovered from hitting near one-month lows but is subdued with risk appetite f...
EURUSD, “Euro vs US Dollar”After breaking 1.1300 to the upside, EURUSD may continue growing towards 1.1380. Later, the market may correct to reach 1.1280 and then resume ...
USDCHF, “US Dollar vs Swiss Franc”In the H4 chart, after breaking 3/8, USDCHF is moving below it. In this case, the price is expected to continue trading downwards to rea...
EURUSD, “Euro vs US Dollar”After breaking 1.1300 to the downside and starting a new correction towards 1.1250, EURUSD has reached the short-term correctional target at 1....
EURUSD, “Euro vs US Dollar”After breaking 1.1300, EURUSD is consolidating above it. If later the price breaks this range to the downside, the market may start a new corre...
EURUSD, “Euro vs US Dollar”EURUSD is moving upwards. Possibly, the pair may reach 1.1290 and then start a new correction towards 1.1262. After that, the instrument may fo...
EURUSD, “Euro vs US Dollar”EURUSD is forming another descending wave. Possibly, today the pair may break 1.1222 and then continue falling with the short-term target at 1....
EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.1184, EURUSD is growing towards 1.1287, thus forming a new consolidation range around 1.1240. Af...
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EUR/USD is expected to trade not far off 1.1400 mark. Some swings in price are likely as well as periodic attempts to drive the market out of a calm state. However, all these...
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The U.S. Dollar Index (often marked as DXY or USDX) is widely used in Forex. The U.S. dollar index is an indicator of the U.S. currency's strength.
The benefit of USDCHF contains in that the franc has a big credibility around the world and often investors consider Swiss franc the salvation for the equity at the time of crises. For this reason, during the transfer of large amounts of money in the emergency order, the franc price increases in several times compared to other currencies.
Certainly the franc has also weaknesses which should be known. Reducing export of Switzerland to EU countries as the production of the country is directed on the foreign markets can weaken the franc.
The currency pair of USDCHF can be considered rather a predictable couple, and low volatility doesn't allow getting big profit. It should be noted that USDCHF pair it is very sensitive to the changes in the world stock markets.