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MARKET OPEN AS OF Apr 25, 09:01 UTC
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CAD/CHF
0.61868000
CAD/CHF
?CAD/CHF is a widely traded main currency pair that exhibits a strong relationship with the price of oil. The Canadian Dollar (CAD) is sensitive to the performance of the petroleum sector, as it is a significant export of Canada. Conversely, the Swiss Franc(CHF) is regarded as one of the most secure countries in the world due to Switzerland's stable political and economic environment. The CAD/CHF i
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Forex trading, also known as foreign exchange or FX trading, involves purchasing one currency and selling another at the same time to speculate on the movement of exchange rates. It is one of the most actively traded markets in the world.
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No, the pair AUD/CHF is classified as a minor pair. It is popular, but it is not as extensively traded as major pairs such as EUR/USD or GBP/USD.
This currency combination is frequently traded by investors, forex traders, and businesses that operate in Australia or Switzerland for investment or hedging purposes.
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Economic indicators, interest rates, and political events in Switzerland and Australia can significantly influence this exchange rate.
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