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Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

Swiss Franc vs Japanese Yen •CHFJPY•

About

CHFJPY

CHFJPY is the abbreviation for the Swiss franc vs. the Japanese Yen. During the 2008 financial crisis, the currency pair reached its lowest trade rate ever. However, it has traded higher over the years due to the Japanese monetary easing. Both currencies are considered as safe haven currencies due to the low inflation and high stability of the two nation's economy. The currency pair also reflects the interrelation of the leading European and Asian financial centers. The CHFJPY is viewed as a low liquidity pair and ranks 6th in the forex markets. It is influenced by currency interventions of Japanese Yen and Swiss Franc, various economic indicators like (discount rate, GDP, inflation, unemployment level, CPI, PMI, etc.) as well as Asian and European stock market indexes.

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