CADCHF

The CAD/CHF is not among the most sought-after pairs, yet it still has a sizable following. Its performance depends on the correlation between two major world economies: Canada and Switzerland. The pair’s performance is often similar to USD/CHF, although it tends to fluctuate more often due to the low trading volume. In experienced hands, it can make a wonderful addition to the savvy investor’s portfolio.

The currencies’ combination of countries with such different economies would have created a real explosive mixture of instability and contradictions – but no, with CAD/CHF everything turns out rather the opposite. Long-term investors in Forex use it to diversify their risks on other assets.

The Canadian economy, mainly receiving income from the export of goods and raw materials, largely depends on such indicators as prices for energy carriers, wood and wheat. Canada plays a huge role due to trading relationships with the United States, its main trade and economic partner.

If you are interested in trading the CAD/CHF currency pair, contact FxPro today and open trading account in several minutes.