USD CHF (US Dollar to Swiss Franc)

USDCHF the currency pair shows how many Swiss francs are needed to purchase one dollar US.

Technical Analysis USD CHF

Trade Forex CFDs with Plus500

Trade the most popular forex pairs like EUR/USD, GBP/USD and EUR/GBP at Plus500. Use our advanced trading tools to protect your profits and limit losses. Trade forex with up to 1:30 leverage. With as little as £100 you can gain the effect of £3,000 capital! Use our trading tools such as Stop Loss, Stop Limit and Guaranteed Stop to limit losses and lock in profits. Get FREE real-time forex quotes and set indicators to easily analyse charts.

What is Forex and how does Forex trading work?

Forex trading (also commonly known as Foreign Exchange, currency or FX trading) is a global market for trading one country’s currency in exchange for another country's currency. It serves as the backbone of international trade and investment: imports and exports of goods and services; financial transactions by governments, economic institutions or individuals; global tourism and travel – all these require the use of capital in the form of swapping one currency for a certain amount of another currency.

When trading Forex CFDs, you are essentially speculating on the price changes in their exchange rate. For example, in the EUR/USD pair the value of one Euro (EUR) is determined in comparison to the US dollar (USD), and in the GBP/JPY pair the value of one British pound sterling (GBP) is quoted against the Japanese yen (JPY).

If you think the exchange rate will rise you can open a ‘Buy’ position. Conversely, if you think the exchange rate will fall you can open a ‘Sell’ position.

To see a full list of currency pairs offered by Plus500, click here.

How do you start trading Forex CFDs?

To start trading commodities with Plus500, simply:

  1. Sign up / Log in to your account.
  2. Search for the instrument you want to trade.
  3. Click the 'Buy' or 'Sell' button depending on the direction you think the commodity will move.
  4. Open a trade.

Dollar Swiss Franc. USD CHF

The USD/CHF is the currency pair of the U.S. dollar and Swiss franc. The currency pair shows how many Swiss francs (the quote currency) are needed to purchase one U.S. dollar (the base currency).

CHF is the unique currency code for the Swiss franc, and USD is the currency code for the U.S. dollar. Currencies are quoted in pairs, revealing how much of one currency it costs to buy the other.

Trading the USD/CHF currency pair is also known as trading the "Swissie."

Understanding the USD/CHF (U.S. Dollar/Swiss Franc)

The value of the USD/CHF is how many francs it takes to buy one USD. For example, if the pair is trading at 1.05 it means that it takes 1.05 Swiss francs to buy one U.S. dollar. If the rate is 0.9850, that means it takes 0.9850 francs to buy one USD.

The USD/CHF is affected by factors that influence the value of the U.S. dollar and/or the Swiss franc in relation to each other and other currencies. Employment data and gross domestic product (GDP), from both countries, are a couple of the economic indicators that have a significant impact on the currency pair.

The interest rate differential between the Federal Reserve (Fed) and the Swiss National Bank (SNB) will also affect this currency pair. When the Fed intervenes in open market operations to make the U.S. dollar stronger, for example, the value of the USD/CHF could increase, due to a strengthening of the U.S. dollar when compared to the Swiss franc. On the other hand, if the Swiss National Bank raises interest rates, that could lure more investors to the franc and thus increase its value. In this case, the USD/CHF rate would fall because it will take fewer francs to buy the USD.

The USD/CHF tends to have a negative correlation with the EUR/USD (euro/USD) and GBP/USD (British pound/USD) currency pairs. This is due to the positive correlation of the euro, Swiss franc, and the British pound.