USDCHF has been proven to show change in the US dollar rate pretty clearly, which offers a good opportunity for traders. The Swiss national bank is in charge of the Swiss franc, the Federal Reserve System is in charge of the USD. As the Swiss franc is one of the most stable currencies, this pair mostly influenced by the US economy. When the market does not experience serious fluctuations, it indicates a negative correlation with EURUSD.
Spreads and conditions
- Minimum spread
- 0.4
- Average spread
- 0.9
- Swap short (pips)
- -2.10
- Swap long (pips)
- -0.10
- Contract size
- 100 000 USD
- Pip price (USD/LOT)
- 9.86
- Islamic acc fee (short)
- -2.10
- Islamic acc fee (long)
- -0.10