USDCHF - US Dollar / Swiss Franc
Trading Conditions
* Only if Margin Level > 100%
** Abnormal market conditions refer to Section 10.6 in Order Execution Policy of FxPro Financial Services Ltd, in point 10.7 in Order Execution Policy of FxPro UK Limited and in point 10.6 in Order Execution Policy of FxPro Global Markets Ltd.
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
Fixed spreads shall only apply for ‘Instant Orders;’ all other order types shall be subject to the Order Execution Policy.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The USD/CHF currency combination, termed as “The Swissie”, is counted among the four world major pairs. It is one of the most widely traded forex pairs on the markets and links two of the most influential economies.
While America’s economic power is internationally acknowledged, Switzerland has long acted as a primary banking center for customers which aided in the creation of a formidable financial reputation. Although the country has recently been forced to devalue its currency after massive inflows from Europe; the pairing’s desirability remains high.
Switzerland has strong pressure on the USD/CHF rate. It occupies a special position in the international monetary system. The peculiarity of the USD/CHF rate is that the change in quotations by 90% is due to the rises or falls of the Dollar.
In addition to financial data publications, you need to monitor the reports of the head of the US Fed, breaking news and the political situation in the country.
If you are interested in trading the USD/CHF currency pair, contact FxPro today.