USD/CHF · US Dollar / Swiss Franc

## USD/CHF overview
USD/CHF is driven by the USD cycle, Swiss National Bank policy, global safe-haven flows and European risk events. CHF is often treated as a safe-haven currency, but Swiss inflation, SNB intervention expectations and euro-area flows also matter.

## Trading risk
Liquidity is usually lower than EUR/USD and slippage can widen around news. Compare CHF spreads, swaps, negative balance protection and execution policy.