The Hindu Business Line  2 hrs ago  Comment 
The euro dropped to a two-month low against the safe-haven Swiss franc and lost ground broadly on Friday, as concerns about the health of Deutsche Bank weighed on the single currency and undermined r...
newratings.com  3 hrs ago  Comment 
BRUSSELS (dpa-AFX) - At 3:00 am ET Friday, Zurich-based KOF Swiss Economic Institute released its leading indicator figures for September. After the data, the Swiss franc changed little against its major rivals. As of 3:01 am ET, the Swiss...
newratings.com  5 hrs ago  Comment 
BRUSSELS (dpa-AFX) - The Swiss franc strengthened against the other major currencies in the Asian session on Friday. The Swiss franc rose to nearly a 1-1/2-month high of 1.0832 against the euro, from an early low of 1.0842. Against the yen and...
newratings.com  2 hrs ago  Comment 
newratings.com  2 hrs ago  Comment 
newratings.com  Sep 29  Comment 
BRUSSELS (dpa-AFX) - The euro strengthened against the other major currencies in the Asian session on Thursday. The euro rose to an 8-day high of 113.99 against the yen and a 2-day high of 1.0903 against the Swiss franc, from yesterday's...
newratings.com  Sep 28  Comment 
BRUSSELS (dpa-AFX) - The British pound retreated from recent highs against the other major currencies in the early European session on Wednesday. The pound fell to 1.2981 against the U.S. dollar, 1.2609 against the Swiss franc and 0.8639 against...
newratings.com  Sep 28  Comment 
newratings.com  Sep 28  Comment 
BRUSSELS (dpa-AFX) - At 3:00 am ET Wednesday, Swiss KOF leading indicator is due. Economists forecast the index to improve to 100.5 in September from 99.8 in August. Ahead of the data, the franc showed mixed trading against its major...
newratings.com  Sep 27  Comment 
BRUSSELS (dpa-AFX) - Reversing direction, the Swiss franc climbed against its most major counterparts in early European deals on Tuesday. The franc advanced to a 4-day high of 1.0874 against the euro, moving off from its previous 4-day low of...
newratings.com  Sep 26  Comment 
BRUSSELS (dpa-AFX) - Reversing direction, the pound declined against its major counterparts in pre-European deals on Monday. The pound edged down to 1.2935 against the dollar and 1.2553 against the franc, from its early highs of 1.2987 and...
newratings.com  Sep 22  Comment 
BRUSSELS (dpa-AFX) - The Swiss franc drifted higher against its major counterparts in European deals on Thursday. The franc reversed from an early low of 102.90 against the Japanese yen, bouncing off to 104.30. The Swiss franc climbed to a...
newratings.com  Sep 22  Comment 
WASHINGTON (dpa-AFX) - The Swiss franc declined against the U.S. dollar in early European trading on Wednesday. The franc that ended Tuesday's trading at 0.9707 against the greenback fell to a 5-day low of 0.9732. On the downside, 0.985 is...


The Swiss Franc (also known as the “Swissie”[1]) is the currency of the nation of Switzerland. It is denoted with a trailing CHF or, alternately, SFr. or Fr. (with the latter more typical internal to Switzerland). For example 16.00 SFr. would be read "sixteen Swiss Francs". This could also be written 16.00 CHF or 16.00 Fr.

The dollar (USD) against the Swiss Franc is mostly considered as the 'safe-haven' currency because part of the core value of swiss franc, CHF is backed up by gold. When gold price appreciates and/or during geopolitical challenges the swissie usually rises as investors look to safer grounds.

The chart at left shows the USD/CHF currency pair; the number of Swiss Franc equivalent to 1 U.S. Dollar (USD).

Forex Markets [1]

Trading Hours

The most active CHF trading hours are from London's opening market hours (3:00AM ET / 8:00 GMT), Swiss Economic (1:45AM ET / 6:45 GMT) and U.S. Economic (8:30AM ET/ 13:30 GMT).[1]

USD/CHF 10 year chart

The USD has falling against the CHF for the last 10 years.
The USD has falling against the CHF for the last 10 years.

Key Currency Crosses

The key currency crosses are

Things to know when trading The Swiss Franc (CHF)

The majority of time, USD/CHF moves on dollar dynamics and not Swiss dynamics. Therefore since many Commodities are priced in dollars, so when the dollar rises, commodity prices fall:

Oil vs. USD/CHF (inverted)
Oil vs. USD/CHF (inverted)

Nickname – The only nickname for the Swiss Franc is the Swissie which is a shortened version of the name.

Central Bank - The Swiss National Bank conducts monetary policy meetings 4 times a year and their decisions on interest rates could have significant ramifications for the currency market.

Most Active Trading Hours – We tend to see the most significant volatility in the Swiss Franc when Swiss and U.S. economic data are released.

What Does the Economy Rely On? – One of the unique aspects of Switzerland’s economy is that its bank secrecy laws have long made Switzerland a safe haven for investors. That has changed in recent years as the country has been pressured to reveal information on private investors sheltering the money in Switzerland. Although financial services are the primary driver of the economy, trade is also very important.

Who Does the Economy Rely on for Trade? – Switzerland’s largest trading partner is the Eurozone followed by the U.S.

Market Moving Economic Releases – Swiss economic data tends to impact EUR/CHF and CHF/JPY more than it does USD/CHF. Central bank rate decisions are usually the most market moving indicators, which mean that they can create the greatest volatility for any currency followed by the employment report, the consumer spending and inflation reports.

The Swiss Economy

Key Facts

The Swiss Economy is comprised of 64.5% Services, 34% Industrial, and 1.5% Agriculture. It's largest trading partners are Germany, US, Italy, France and U.K.. Some other key facts about the Swiss Economy:

  1. Service Sector Led by Financial Services
  2. Considered Safe Haven for Investors
  3. Known for their Banking Secrecy and Security
  4. Has One of the Highest Per Capita Incomes in the World
  5. Chemicals are Switzerland’s Main Exports

General Economic Statistics

2008 GDP EstimateUSD $492.6 Billion
Population:7.6 Million
Interest Rate^0.25% Target Range
Trade Balance^^^CHF 4.5 Billion

^As of May 2009 ^^As of April 2009 ^^^As of Q4 2008

Market Moving Economic Releases

  1. SNB Interest Rate Decision
  2. Retail Sales
  3. Consumer Prices
  4. UBS Consumption Index
  5. KoF Leading Indicators
  6. GDP (Gross Domestic Product)
  7. Unemployment Rate


  1. 1.0 1.1 1.2 FX360.com, EUSwiss Franc (CHF) Factsheet by Kathy Lien
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