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
|Aussie Dollar Aims Higher on Shift in RBA vs. Fed Policy Outlook||bullish|
|Gold Rally Fizzles Ahead of FOMC, US GDP- 1263 Key Support||neutral|