cad chf investing

Canadian Dollar/ Swiss Franc

The Canadian Dollar is quoted against the Swiss Franc in the following forex chart. According to this quote, one CAD (the 'base currency') is valued in CHF (the 'counter currency'). Since Canada exports a large amount of natural resources, notably oil, the Canadian Dollar is often referred to as a commodity currency. Consequently, it is susceptible to changes in investors' expectations about global economic growth as well as ebbs and flows in trend. A private banking system like Switzerland is widely recognized as a safe haven for foreigners seeking to safeguard their wealth. CAD/CHF represents the relationship between a growth-linked currency with a high yield and a safety-oriented currency with a low yield.