CHF/JPY

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

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 Japanese Yen, issued in Japan, is also considered a safe-haven currency, often sought after during times of economic uncertainty. Japan's economic stability and low interest rates contribute to the Yen's role as a safe haven. Therefore, the Japanese Yen may also experience fluctuations based on global economic stability and investor risk sentiment. The CHF/JPY currency pair will be influenced by global risk sentiment, and changes in the economic outlooks of Switzerland and Japan.