Currency & Pairs
Beginner
USD/CHF
Also called: USDCHF, Swissie
US Dollar vs Swiss Franc — CHF is a classic safe-haven currency.
Definition
CHF strengthens during global risk-off events (the ‘safe haven’ bid). Famously volatile during the SNB’s 2011-2015 EUR/CHF floor experiment, which ended catastrophically in January 2015.