newratings.com  3 hrs ago  Comment 
LONDON (dpa-AFX) - The British pound strengthened against most major currencies in the pre-European session on Monday. The pound rose to a 5-day high of 182.73 against the yen, from an early low of 181.86. Against the U.S. dollar and the Swiss...
The Hindu Business Line  3 hrs ago  Comment 
Government collected ₹4,147 crore during the 90-day black money disclosure compliance window, which is higher than the previously announced amount of ₹3,770 crore, Revenue Secretary Hasmukh Adhia...
The Economic Times  Oct 2  Comment 
The dollar's losses against the euro and Swiss franc topped 1 percent before partly recovering, and the dollar index was off nearly 0.40 percent after touching its lowest since Sept. 24.
Euromoney  Oct 2  Comment 
Banks in Poland and Croatia will only have themselves to blame if they end up footing the bill to resolve the Swiss franc mortgage problem.
newratings.com  Oct 2  Comment 
BRUSSELS (dpa-AFX) - The Swiss franc weakened against the other major currencies in the European session on Friday amid risk appetite, as investors await the U.S. employment data due later in the day to get more clues about the possible timing of...
newratings.com  Oct 2  Comment 
BRUSSELS (dpa-AFX) - The Swiss franc weakened against the other major currencies in the European session on Friday. The Swiss franc fell to 4-day lows of 1.4840 against the pound and 0.9789 against the U.S. dollar, from early highs of 1.4776 and...
Mondo Visione  Oct 1  Comment 
Trading turnover in September: CHF 111.7 billion (+4.0% in comparison with the previous month) Number of trades in September: 4,688,559 (+10.7% month-on-month) Trading turnover since the start of the year: CHF 1,075.7 billion (+28.5%...
newratings.com  Oct 1  Comment 
BRUSSELS (dpa-AFX) - Switzerland's KOF institute will release its economic forecast for autumn at 4:00 am ET Thursday. Before the data, the franc traded mixed against its key counterparts. While the franc held steady against the pound and the...
newratings.com  Oct 1  Comment 
BRUSSELS (dpa-AFX) - Switzerland's SVME manufacturing PMI for September has been released at 3:30 am ET Thursday. The franc traded mixed against its key counterparts after the data. While the franc dropped against the euro and the greenback,...
newratings.com  Oct 1  Comment 
BRUSSELS (dpa-AFX) - At 3:15 am ET Thursday, Swiss Federal Statistical Office is set to publish retail sales data for August. Sales had fallen 0.1 percent on a yearly basis in July. Ahead of the data, the franc declined against its major...


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:

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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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