77% of retail investor accounts lose money when trading CFDs with this provider.
76% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read our full Risk Warning.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The Australian dollar (AUD) and Swiss franc (CHF) are among the world’s major currencies. The AUD/CHF currency pair represents the amount of Australian dollars needed to buy one Swiss franc. The Australian dollar (commonly referred to as the "Aussie Dollar" or sometimes just "The Aussie") is considered a “commodity currency” due to the country’s heavy reliance on the export of precious metals, coal, agricultural, forestry and fisheries products. The Swiss Franc (also called Swissie or Swissy) is the official currency of Switzerland – one of the world’s wealthiest and most stable countries.
AUD and CHF are the 5th and 6th most frequently traded currency in the world, respectively.
The exchange rate of the AUD/CHF is primarily affected by factors such as Australia and Switzerland’s respective economic policies, interest and unemployment rates, and high-ranking gross domestic product (GDP) per capita.
Both the Australian and Swiss economies rely strongly on exports of goods and services.