This currency pair translates the value of the New Zealand Dollar to Swiss Francs.
Trading tips for NZD vs. CHF:
Currency pairs that include the New Zealand Dollar are subject to changes that extend beyond this specific country’s economy, since New Zealand is involved in a lot of exporting activity and bases her economy on foreign trade with Australia, Canada, China, the US, the EU, and other countries. The NZD is also sensitive to changes that are based on decisions made by the Reserve Bank of New Zealand. As for CHF, it is said to be a safe-haven for traders due to the stability it offers, based on Switzerland's solid economy. The coin is affected by the Swiss National Bank’s decisions and changes involving Switzerland’s trading partners, such as Germany.
If you think that the price of the New Zealand Dollar will exceed that of the Swiss Franc, open a long position. If you think the opposite, open a short position. Add this instrument to your watchlist and get the latest updates on NZD/CHF price movements.