About Nzd-Chf and Nzd-Chf Trading
What type of currency pair is NZD/CHF?
The NZD/CHF is a minor currency pair, as it consists of a major currency(CHF – the Swiss Franc ) and another currency (NZD – New Zealand Dollar).
The Swiss Franc is the quote currency, and the New Zealand Dollar is the base currency. The NZD/CHF currency pair shows traders how much the NZD is worth when compared to the CHF.
Drivers for the NZD/CHF currency pair
The NZD/CHF pair is affected by major factors such as supply and demand, interest rates, political stability, and economic growth
Additionally, the Swiss Franc is correlated with the EUR and the two currencies tend to move in tandem. On the other hand, the New Zealand Dollar is more exposed to global economic performance.
How can you trade the NZD/CHF currency pair?
At CAPEX.com you can follow the NZD/CHF live chart to trade on the price movements of this currency pair through CFDs. If you think that prices will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
When can you trade the NZD/CHF pair?
Here at CAPEX.com you can trade the NZD/CHF pair from Sunday to Friday, between 21:05-20:55 GMT. If you cannot trade at those hours, you can always pick another currency pair, as we have more than 55 FX pairs available.