Euro - Swiss Franc (EUR/CHF)
EUR (Euro)
Currency unit of Eurozone which includes 18 leading countries of Europe. The second world’s reserve currency after US dollar in order of importance.
Issued by: European Central Bank (ECB)
Price dynamics depends on the interest rates of ECB, inflation and growth rates of the region’s economy.
CHF (Swiss franc)
Currency unit of Switzerland and Liechtenstein. It is traditionally considered to be a safe haven asset. It is usually in great demand during the period of economical and geopolitical tensions.
Issued by: Swiss National Bank
Price dynamics depends on the interest rates of Swiss National Bank as well as neutral status and high credit rating of the country.