Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday
* Only if Margin Level > 100%
The above spreads are applicable under normal forex trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The EUR/CHF currency combination is not as widely traded as some pairs, yet it still has an important role to play in many trading portfolios. The correlation between the two currencies is incredibly strong which thus defines an inverse relationship between the two. This can be attributed to the close ties between the Eurozone and Switzerland; instigated with the free trade agreement established in 1972. As a result, when the Eurozone contracts; Switzerland incurs a ripple effect. Moreover, the pair had undergone through a highly volatile period when the Swiss National Bank surprised the markets by removing it’s 1.20 currency floor, causing the largest recorded move in a cross currency pair.
If you want to add the EUR/CHF currency pair to your portfolio, contact FxPro today.