1.2345
0.042%
Swap Short
1,94 Points
Swap Long
-8.23 Points
SELL
1.08491
BUY
1.08505
Low: 1.08491
Spread
High: 1.08505
CHFJPY Trading Chart
Past performance is not a guarantee or prediction of future performance.
Market Hours*
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Closes on
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Monday at 00:00
Volatility
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About CHFJPY
The CHFJPY pair represents the exchange rate between the Swiss Franc (CHF) and the Japanese Yen (JPY). Both currencies are considered safe-haven assets, making this pair popular in times of market uncertainty or geopolitical tension. The Swiss Franc is known for its stability, while the Japanese Yen is favored during risk-off periods. CHFJPY is influenced by global risk sentiment, central bank policies, and economic conditions in both Switzerland and Japan.
How to Trade CHFJPY
To trade CHFJPY effectively:
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1Analyze Economic EventsMonitor Swiss and Japanese economic data, particularly GDP, inflation, and central bank decisions.
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2Use Technical IndicatorsUtilize moving averages, RSI, and Fibonacci retracements to identify key support/resistance levels and market trends.
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3Trade During Peak VolatilityFocus on the Tokyo-European session overlap for better liquidity and active price movements.
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4Set Risk ManagementUse stop-loss orders and position sizing to manage risk and protect your capital effectively.
Geopolitical events and periods of market uncertainty can cause increased volatility in the CHFJPY pair, as both the Swiss Franc and Japanese Yen are safe-haven currencies.
Key Factors Affecting CHFJPY
Several factors influence CHFJPY, including:
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Economic
IndicatorsSwiss economic reports such as GDP, inflation, and the Swiss National Bank’s monetary policy, alongside Japanese economic indicators like inflation and the Bank of Japan’s interest rate decisions. -
Geopolitical
EventsGeopolitical risks, market volatility, and events that cause shifts in investor risk appetite. -
Market
SentimentRisk-on/risk-off dynamics, with CHF and JPY both benefiting during periods of global financial instability or risk aversion.
FAQ - CHFJPY
CHFJPY is influenced by several key factors:
- Economic Indicators: Economic data from Switzerland, including GDP, inflation rates, and the Swiss National Bank’s (SNB) interest rate decisions, alongside Japan’s economic performance and Bank of Japan policies.
- Market Sentiment: Global market sentiment and risk appetite play a significant role in CHFJPY, with investors seeking the Swiss Franc as a safe-haven currency during times of economic uncertainty.
- Geopolitical Events: Geopolitical tensions or global financial crises can lead to sharp movements in CHFJPY, as the Swiss Franc often benefits during times of risk aversion.
There are several benefits to trading CHFJPY:
- Safe-Haven Appeal: The Swiss Franc is widely regarded as a safe-haven currency, offering protection against economic and geopolitical uncertainties, making CHFJPY a popular choice during risk-off periods.
- Moderate Liquidity: CHFJPY offers moderate liquidity, allowing for smoother trade execution and better management of positions in various market conditions.
- Risk-On/Risk-Off Sensitivity: CHFJPY is sensitive to global risk sentiment, offering opportunities to trade based on shifts between risk-on and risk-off market conditions.
Traders should be mindful of these risks when trading CHFJPY:
- Geopolitical Risk: Geopolitical events or financial instability can lead to unexpected volatility in CHFJPY, as both currencies react to shifting investor sentiment.
- Market Liquidity: While CHFJPY offers moderate liquidity, lower trading volume during certain hours or events can result in wider spreads and increased slippage.
- Central Bank Actions: Changes in the monetary policies of the Swiss National Bank (SNB) or the Bank of Japan can significantly affect CHFJPY, causing unexpected price swings.
If you have more questions visit FAQ Page
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. It is important to fully understand the risks involved and seek independent advice if necessary. You should carefully consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money. The value of your investment may go down as well as up.
Please review our Legal Documents to understand the risks involved before you invest. See your rights and responsibilities as a retail client.
Please review our Legal Documents to understand the risks involved before you invest. See your rights and responsibilities as a retail client.
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