Canadian Dollar vs Swiss Franc •CADCHF•



CADCHF refers to the cross between the Canadian dollar and Swiss franc. The currency pair has a significant interest to investors as the two are majors in the forex market, and are also viewed as important reserve currencies. Most traders prefer to use the pair when looking to trade a risk related currency against a safe haven currency. The Canadian dollar is considered a commodity currency hence dependent on commodity export prices like oil. The CHF is a safe haven currency with great stability and low-interest rates. While Canada is heavily reliant on the US, Switzerland is influenced by the EU making it necessary to trade CADCHF with an understanding of how the EUR/USD is fairing

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