NZD/CHF

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

The New Zealand Dollar, issued in New Zealand, is heavily influenced by commodity prices, particularly dairy and agricultural exports. New Zealand's economy is closely tied to these sectors.  

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 NZD/CHF currency pair will be influenced by global risk sentiment, the commodity markets, and the relative economic and political stability of New Zealand and Switzerland.