USD/CHF – Live and Historical Rates

The USD/CHF pair is a very interesting one, given how both currencies are majors. Thus, the pair is indeed a major one itself, though it is not a commodity pair. The chart above illustrates the amount of CHF required to purchase a USD.

The USD

The USD is beyond the shadow of a doubt the top dog of the international currency scene. It is the most traded currency in the world and it is also the most popular reserve currency. It is what usually expresses the monetary value of commodities such as oil and gold. It is officially used by the US as well as an impressive number of other countries as national currency. More USD is held outside the country than within it. The USD was the currency that started the current floating trend back in the 1970s. That does not mean that it isn’t regulated though. The Federal Reserve exercises tight control over it, through the manipulation of the interest rates.

The CHF

The CHF is the currency of one of Europe’s most stable and productive economies. Besides the strength of the Swiss economy, the Franc is also propped up by large gold reserves. In light of the virtues of the CHF and the special position of the country in Europe, it’s easy to see why the Swiss have resisted converting to the EUR, or even joining the EU for that matter. While it is indeed one of the most valuable currencies in the world, the stability of the CHF is its true draw for investors.

USD/CHF Analysis

The USD/CHF is a pair made up of two extremely stable currencies. Though it is correlated to the EUR/USD, it has to be noted that the CHF is in fact more stable than the EUR. Depending on the interest rates of the two currencies, the pair makes a good carry trade vehicle sometimes.

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