THE USD/CHF rate is composed of the US Dollar "base currency" and the Swiss Franc "quote currency".
The US Dollar/Swiss Franc (USD/CHF) exchange rate reflects the relation of the US Dollar against the Swiss Franc (1 USD per x CHF) . For example, if the USD/CHF quotes at 0.9200, then 10,000 US Dollars would equal 9200 US Swiss Francs (because 10,000 x 0.92 = 9200). It simply means that 1 US Dollar buys you 0.92 Swiss Francs.
Trading Characteristics Of The USD/CHF
One of the most popular currency pairs on the spot market.
Typical forex broker spread: 2-4 pips
Most active trading sessions: London and New York
5 Year Average Daily Range: 129 pips
Who trades the US Dollar vs Swiss Franc? Central banks, financial institutions, retail traders,...
USD/CHF Forex Trading Tips:
Recommended level of forex experience: Advanced
Best trading sessions for daytraders: London and New York
Worst times to trade: Holidays and before major economic news events
Most common used USD/CHF forex charts: Daily, 4 Hour and 1 Hour