Swissy
Forex slang for the Swiss Franc (CHF) or USD/CHF currency pair.
Definition
Swissy is trader slang for the Swiss Franc (CHF) and commonly refers to USD/CHF. Switzerland's reputation for neutrality, stability, and banking secrecy makes the Franc a traditional safe-haven currency.
How It Works
- "Buying the Swissy" = going long CHF (short USD/CHF)
- "Selling the Swissy" = going short CHF (long USD/CHF)
- Note: USD/CHF quote - higher = weaker CHF
- Safe-haven currency - strengthens in market turmoil
Trading Tips
1
Inversely correlated with risk appetite
2
SNB (Swiss National Bank) occasionally intervenes
3
Often moves opposite to EUR/USD
Related Terms
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