CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
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.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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