Finally, considering that the Swiss franc
is the sixth most traded currency in the
world, according to data from the Bank
of International Settlements (BIS), due
to its geographical proximity and high
volumes of trade with the EU, having
cross currency with Swiss franc offers a
unique opportunity to position oneself
on the fundamentals of Eurozone
growth without exposure to its structural
problems.
During times of economic or political
turbulence in the EU, the franc is often
seen as a haven of capital.
Furthermore, the mechanisms behind
the carry trade make the Swiss franc a
common way to observe and express
an opinion on trends of market
sentiment.
Since the currency falls frequently when
markets are broadly optimistic and
gains in times of turbulence, it can
serve as a useful vehicle for balancing
general market mood swings.
These are the currency pairs of
Swiss franc CHF commonly traded
with a trend related to financial
markets excluding CHF / JPY
which has an inverse correlation:
USD / CHF
AUD / CHF
CAD / CHF
EUR / CHF
GBP / CHF
NZD / CHF
CHF / JPY