EURCHF - Euro / Swiss Franc
Trading Conditions
* Only if Margin Level > 100%
** Abnormal market conditions refer to Section 10.6 in Order Execution Policy of FxPro Financial Services Ltd, in point 10.7 in Order Execution Policy of FxPro UK Limited and in point 10.6 in Order Execution Policy of FxPro Global Markets Ltd.
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
Fixed spreads shall only apply for ‘Instant Orders;’ all other order types shall be subject to the Order Execution Policy.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The EUR/CHF currency combination is not as widely traded as some pairs, yet it still has an important role to play in many trading portfolios.
The correlation between the two currencies is incredibly strong which thus defines an inverse relationship between the two. This can be attributed to the close ties between the Eurozone and Switzerland; instigated with the free trade agreement established in 1972.
As a result, when the Eurozone contracts; Switzerland incurs a ripple effect. Moreover, the pair had undergone through a highly volatile period when the Swiss National Bank surprised the markets by removing it’s 1.20 currency floor, causing the largest recorded move in a cross currency pair.
EUR/CHF moves only during periods of geopolitical tension or risk when there is an inflow of capital in Swiss francs.
If you are interested in trading the EUR/CHF currency pair, contact FxPro today.