All the technical data, charts, tools and indicators you need to analyze and trade the CHF/CAD
BULLISH PERCENTAGE INDEX
The CHF/CAD pair tells the trader how many Canadian Dollar (the quote currency) are needed to purchase one Franc Swiss (the base currency). These two economies are quite intensely linked because Canada is an important producer of gold while Switzerland is a great importer of that commodity - a quart part of the commodities imported by Switzerland is gold and there is a solid tradition of gold refineries in the country. The Swiss Franc is considered to be a “safe-haven” currency: it is expected to increase its value against other currencies in times of volatility.
HISTORIC HIGHS AND LOWS FOR CHF/CAD
- All-time records: Max: 1.4753 on 01/01/2015 - Min: 0.2176 on 01/01/1961
- Last 12 months (March 2016-March 2017): Max: 1.4148 on 07/11/2016 - Min: 1.2887 on 12/12/2016
- Last 5 years (March 2011-March 2016): Max: 1.4753 on 01/01/215 - Min: 1.0131 on 06/08/2012
ASSETS THAT INFLUENCE EUR/GBP THE MOST
- Currencies: USD and EUR.
- Commodities: Gold, Oil and Natural Gas.
- Bonds: CSB (Canada Savings Bonds), CPB (Canada Premium Bond) and SBI T (Swiss Bond Indexes).
- Indices: SMI (the Swiss Market Index, Switzerland's blue-chip stock market index ), ESTX50 (ESTX50 (Euro Stoxx 50, a stock index of Eurozone stocks designed by STOXX, an index provider owned by Deutsche Börse Group) S&P/TSX Global Gold Index (index of global gold securities) and S&P/TSX Capped Energy Index (benchmarks for related derivative products of Canadian economic sectors).
ORGANIZATIONS, PEOPLE AND ECONOMIC DATA THAT INFLUENCE AUD/USD
The organizations and people that affect the most the moves of the CHF/CAD pair are:
- Central Banks of Switzerland, the Swiss National Bank (SNB) and his Chairman of the governing board, Thomas Jordan. The SNB controls the Switzerland’s monetary policy, through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis.
- Bank of Canada (BoC, Canada’s Central bank) that has the same role as the SNB and issues statements and decides on the interest rates of the country. Its president is Stephen Poloz.
- The Federal Reserve of the United States (Fed) - whose president is Janet Yellen - and its interest rate decisions.
- European Central Bank (ECB) whose main objective is to maintain price stability for the Euro, currently headed by Mario Draghi.
- World Gold Council (WGC): because of the gold-dominated relationship between Canada and Switzerland, the WGC, a market development organisation for the gold industry whose aim is to stimulate and sustain demand for that commodity, is an important institution whose decisions and reports can affect the CHF/CAD.