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).