USD/CHF: A Comprehensive Guide to Trading US Dollars and Swiss Francs
USD/CHF is one of the most traded currency pairs in the foreign exchange market, offering a unique blend of stability, liquidity, and safe-haven appeal. Representing the exchange rate between the US Dollar (USD) and the Swiss Franc (CHF), this pair is a favorite among both novice and seasoned traders. In this comprehensive guide, we’ll explore the fundamentals of trading USD/CHF, what drives its movement, and how you can approach this pair with effective strategies and risk management techniques. What Is USD/CHF? The USD/CHF currency pair reflects how many Swiss Francs one US Dollar can buy. It is considered a major pair due to the USD's global dominance and the CHF’s reputation as a safe-haven currency. The Swiss Franc is known for its stability, backed by Switzerland’s strong banking system, political neutrality, and low inflation. As a result, USD/CHF often sees increased activity during periods of economic or geopolitical uncertainty, making it a go-to option for investors s...