EUR/CHF
What is EUR/CHF CFD?
EUR/CHF CFD is a product offered by OANDA, and is based on a currency pair that represents the value of the Euro against the Swiss Franc.
The Euro, issued by the Eurozone, is one of the world's major currencies. Its value is influenced by the economic performance of the Eurozone countries, monetary policy set by the European Central Bank (ECB), and overall global economic conditions.
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 EUR/CHF currency pair will be influenced by global risk sentiment, and changes in the economic outlooks of the Eurozone and Switzerland.