Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday
* Only if Margin Level > 100%
The spreads provided are a reflection of the time-weighted average from 09:00AM - 21:00 PM (GMT) for the period of 01/8/2019 – 25/8/2019. Though TNXTrade attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal forex trading conditions. TNXTrade has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The CAD/CHF is not among the most sought-after pairs, yet it still has a sizable following. Its performance depends on the correlation between two major world economies: Canada and Switzerland. The pair’s performance is often similar to USD/CHF, although it tends to fluctuate more often due to the low trading volume. In experienced hands, it can make a wonderful addition to the savvy investor’s portfolio.
The currencies’ combination of countries with such different economies would have created a real explosive mixture of instability and contradictions – but no, with CAD/CHF everything turns out rather the opposite. Long-term investors in Forex use it to diversify their risks on other assets.
The Canadian economy, mainly receiving income from the export of goods and raw materials, largely depends on such indicators as prices for energy carriers, wood and wheat. Canada plays a huge role due to trading relationships with the United States, its main trade and economic partner.
If you are interested in trading the CAD/CHF currency pair, contact TNXTrade today and open trading account in several minutes.
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