EURUSD 1.1735 USDJPY 112.01 USDCAD 1.2789 EURCZK 25.544 USDCZK 21.763 EURPLN 4.2291 USDPLN 3.6037
EURUSD 1.1735 USDJPY 112.01 USDCAD 1.2789 EURCZK 25.544 USDCZK 21.763 EURPLN 4.2291 USDPLN 3.6037

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The USDCHF market may be treated as an indicator of the general world economy situation

USDCHF
Bid / Ask: 0.98834 / 0.98861
Price change: 0.00557 (0.56%)
Opening price: 0.99391
Maximum price: 0.99410
Minimum price: 0.98749
Display period:
Chart type:

Rule of thumb

Any news releases that cause  uncertainty to investors on the global market, may give  rise to demand for Swiss franc

This currency pair indicates how many Swiss Francs are needed to buy one US Dollar.

 

The Swiss franc (CHF) has been treated for many years as a safe currency, and as such is one of the most important reserve currencies around  the globe. The mechanism is simple – in  a situation of uncertainty on the financial markets, investors often transfer their investments to Switzerland. One of the reasons for the importance of the Swiss franc as a “safe heaven” currency is the fact that this currency  once backed 40% in gold, until the year 2000.

 

The US Dollar occupies  first place on  a global scale in terms of the percentage share of the turnover on the forex market. CHF itself is the 7th currency in terms of share of the total turnover. USDCHF is accountable for 5% of the global trading volume.

Pola oznaczone gwiazdką są wymagane.

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