CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The base currency – CHF. The counter currency – JPY. The CHF/JPY rate is the Swiss Franc/Japanese Yen currency couple. CHF/JPY chart reflects how much the CHF is worth vs. the JPY. After a drop in 2008, the pair has been steadily trading higher, mainly under the influence of aggressive monetary easing, conducted in Japan. Due to different financial properties and low interest rates, the CHF/JPY trade vehicle is regarded as a safe haven and funding currency couple.
Explore the ongoing AUD/USD downtrend ahead of Australia's GDP data release. Understand economic drivers, RBA policy, and technical signals impacting the Australian Dollar.
Higher-than-expected monthly CPI data watered down expectations for RBA interest rate cuts in 2024; the markets will now shift attention to quarterly GDP data on Wednesday, June 5.
09:55, 5 September 2024
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