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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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Monday, January 18th, today’s news—China's economy grew 2.3% in 2020, but the consumer spending fell. …
Read more...The price of gold confirmed the breach of the 1830.00 level after closing last Friday’s …
Read more...The Australian dollar against the US dollar achieved a clear breakout of the support level …
Read more...The pair declined significantly over the past week as the demand for risk assets …
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The global trend is upward. Probably, an upward pattern of the D1 level is …
Read more...The overall trend is downward. The ascending pattern of the H8 level is truncated. …
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