This symbol features the Australian Dollar – Swiss Franc cross pair. While less popular than the AUDJPY cross, the AUD/CHF has similar characteristics in that it can be used as a carry trade. Some may also view this pair as a reflection of risk sentiment due to the risk-on nature of the Australian currency and the safe-haven characteristics of the Swiss franc.
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Weekly Australian Dollar and Swiss Franc Trading Forecast
|AUD To Continue Consolidation With Void Of Local Data On Tap||neutral|
|Gold Defends July Lows- Outlook Hinges on GDP, FOMC, NFPs||neutral|