USDCHF

US Dollar vs Swiss Franc

USDCHF

Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.

Trading Conditions

ATP Margin

0.002

Contract Size Currency per 1 Lot Symbol

USD 100,000

Min/Max Trade Size (lots)

0.01 / 100

Schedule and Fees

Market Open

Monday 00:01 MT Server

Market Closed

Friday 23:58 MT Server

Trading Break

23:59 - 00:01 MT Server

3 Day Financing

Wednesday

Long & Short Position Overnight Fee

displayed on the trading platform

Upcoming Calendar Events

November 06 | Friday VolatilityActualPreviousConsensus
08:00
CH flag

CH

CHFForeign Currency ReservesLOW770
08:00
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CH

CHFSECO Consumer Climate (3m)LOW-35
09:30
US flag

US

USDFed's Williams speechMEDIUM
13:30
US flag

US

USDAverage Hourly Earnings (MoM)HIGH0.10.3
13:30
US flag

US

USDAverage Hourly Earnings (YoY)HIGH32.9
13:30
US flag

US

USDAverage Weekly HoursLOW34.434.4
13:30
US flag

US

USDLabor Force Participation RateMEDIUM61.8
13:30
US flag

US

USDNonfarm PayrollsHIGH2965
13:30
US flag

US

USDU6 Underemployment RateMEDIUM7.6
13:30
US flag

US

USDUnemployment RateMEDIUM4.24.2
15:00
US flag

US

USDMichigan Consumer Expectations IndexMEDIUM48.8
15:00
US flag

US

USDMichigan Consumer Sentiment IndexHIGH4848
15:00
US flag

US

USDUoM 1-year Consumer Inflation ExpectationsMEDIUM4.7
15:00
US flag

US

USDUoM 5-year Consumer Inflation ExpectationMEDIUM3.5
17:15
US flag

US

USDFed's Bowman speechMEDIUM
18:00
US flag

US

USDBaker Hughes US Oil Rig CountLOW462
20:00
US flag

US

USDConsumer Credit ChangeLOW8.2812
20:30
US flag

US

USDCFTC Gold NC Net PositionsLOW186.5
20:30
US flag

US

USDCFTC Oil NC Net PositionsLOW74.3

FAQ

Known as “the Swissie,” the USD/CHF is one of the most traded currency pairs in the foreign exchange market. It represents the exchange rate between the United States dollar (USD) and the Swiss franc (CHF). The exchange rate tells you how much one US dollar is worth in Swiss francs.

The US dollar is the most widely traded currency in the world, held by the majority of central banks and investment institutions, and is the official currency of several countries, including Ecuador and Zimbabwe. The dollar is the currency of choice for international transactions and reserves due to the stability and dependability of the U.S. economy. Moreover, the dollar's dominance in international trade has significant implications for exchange rates and economic policies around the world, and it can serve as a benchmark for nations that choose to set or peg their currencies to the dollar's value.

The Swiss franc is often considered a safe-haven currency due to its reputation for stability and long history of maintaining its value. Historically, the franc experienced almost no inflation, and it was legally required to be backed by at least 40% in gold reserves.

Today, the Swiss franc's value is overseen by the Swiss National Bank and is influenced by several factors, including economic conditions, interest rates, inflation, and global market dynamics.

In 1971, after the Bretton Woods agreement fell apart, the Swiss franc transitioned to a freely floating currency, gaining recognition as a safe-haven choice due to Switzerland's solid reputation and stability. During uncertain times, the Swiss franc tends to strengthen against other currencies.

However, it is worth noting that the Swiss National Bank (SNB) does occasionally step into the market, causing notable fluctuations. One of the most notable instances was the Swiss franc crisis in January 2015 when the SNB unexpectedly abandoned its 1.20 CHF to the Euro floor. This move led to a swift and substantial surge of the Swiss franc against all major currencies, including a 30% appreciation against the Euro in just minutes.

Economic indicators such as Gross Domestic Product (GDP) growth, inflation, unemployment rates, trade balances, and consumer confidence can influence market sentiment and affect the USD/CHF exchange rate. For example, stronger economic performance in the US might lead to a stronger USD relative to the CHF.

Changes in interest rates set by the US Federal Reserve and the Swiss National Bank can have a significant impact on the USD/CHF exchange rate. Higher interest rates in the US relative to Switzerland can attract capital flows into the USD, potentially strengthening the USD against the CHF.

Swiss National Bank (SNB) actions can influence the Swiss franc's value through its monetary policy decisions, interventions in the foreign exchange market, and communication with the markets.

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