CAD/CHFCADCHF
0.70078+0.0054 (0.77%)
Instrument:
Forex
Forex
Forex
Binary
Traders’ Sentiment
47%
53%
47%
 Buy
53%
 Sell
Traders’ Sentiment
47%
53%
47%
 Buy
53%
 Sell
Market open
Trading Hours and Conditions
Traders’ Sentiment
47%
53%
47%
 Buy
53%
 Sell
Traders’ Sentiment
47%
53%
47%
 Buy
53%
 Sell

CAD/CHF Analysis CADCHF Forex

As of 14/8/2017, the Canadian Dollar has gained circa 5% against the US dollar on a YTD basis and is considered by many as one of the commodity currencies because of high commodity driven export policy of Canada (oil). This means that it is highly dependent on commodity prices, which have proven to be quite volatile over the past few years. Additionally because of the tight relationships with the US, a weaker growth in the US could have a negative impact on the country’s exports. Moreover the Bank of Canada has raised its interest rates to 0.75% for the first time after seven years and assuming that growth holds up, more hikes may come ahead.
Risk Warning
The Financial Products offered by the company include Contracts for Difference ('CFDs') and other complex financial products. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.