AUDCHF (AUDCHF^)

Pairing – The amount of Swiss Francs (CHF) that one can buy for every Australian dollar (AUS).

Position

AUD – World’s fifth most traded currency

CHF - World’s seventh most traded currency

Important factors

• Governmental approach - The Australian Dollar is tempting for many investors, due predominantly to the government’s somewhat lax approach to the Forex industry.
• National interest rates – National interest rates are one of the main factors with this currency pairing, changes can have a dramatic impact.
• Economic performance – The economic policy and performances of both countries can see movement within the pair, as can the strength of both countries’ economies within international markets.
• Commodities – Most analysts perceive the commodities market to be the most important factor when it comes to this pairing. In terms of Australian currency especially, the value of minerals, agricultural items, and other commodities can heavily impact the value of the dollar. The price of gold, oil, and coal tend to have the largest effect on this pairing.
• Reserve - The Swiss franc, which is represented by CHF (a reference to Confoederatio Helvetica) is a reserve currency. This means investors looking for safe-haven options can often see the Franc’s value rise.