CAD/CHF

CAD/CHF CFD is a product offered by OANDA, and is based on a currency pair that represents the value of the Canadian Dollar against the Swiss Franc.

The Canadian Dollar, issued in Canada, is heavily influenced by commodity prices, particularly oil, due to Canada's significant natural resource exports. The Canadian Dollar may experience fluctuations in response to these commodity prices and other economic indicators related to Canada.

The Swiss Franc, issued in Switzerland, is considered a safe-haven currency, often sought after during times of economic uncertainty. Switzerland's political and economic stability contributes to the Franc's strength. Therefore, the Swiss Franc may experience fluctuations based on global economic stability and investor risk sentiment. The CAD/CHF currency pair will be influenced by the differences in the Canadian economy which is heavily influenced by commodities, and the Swiss economy, which is seen as a safe haven.