CAD/CHF: shows the price of one Canadian dollar in relation to the Swiss franc. The instrument’s volatility is low and may reach 70 pips a day only rarely, sine CHF is traditionally a stable currency. The pair is traded most actively on Thursdays, during the European and American trading sessions.
Factors influencing the price of this currency pair:
—oil quotes and prices of precious metals (gold);
—interest rates set by the central banks of both countries;
—important economic indicators of Switzerland and Canada;
—the state of the US economy and American economic indicators (they affect the CAD rate).
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Economic Calendar is one of the most important tools in trading. It's formed by experts based on
Reading the economic calendar is easty. It displays all the events that can affect the direction of the market and helps traders make educated decisions.
What financial news is the most important? First of all, it's interest rates, GDP, employment data, new home sales, inflation. Become our client to get full access to all our analytical materials.
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