New Zealand Dollar/ Swiss Franc

It is imperative to note that the New Zealand Dollar and the Swiss France cross offer alternative risk plays. Due to its high interest rates and exposure to global economic performance, the New Zealand Dollar is considered a risk-correlated currency. As a result of economic uncertainty, Switzerland is known as a safe haven currency since liquidity tends to flow out of the Euro-zone and into Switzerland during these times. In the EUR/CHF exchange rate, the SNB set a floor of 1.20, causing the Franc, on occasion, to move with the Euro.