Cross pair

CAD/CHF(Loonie Swissy)

CAD/CHF pairs a commodity currency (CAD, oil-linked) against a safe-haven (CHF). Moderate volatility, clean directional moves around BoC and SNB events.

2.0 to 4.0 pips
Typical spread
50 to 85 pips
Daily range
$10 to $12
Pip value / lot
NY + London overlap (8 to 11 AM ET)
Best session

What is CAD/CHF?

CAD/CHF pairs the Canadian Dollar against the Swiss Franc. CAD is commodity-driven (crude oil); CHF is a safe-haven. The cross trades both crude-oil dynamics and global risk appetite.

Daily ranges of 50 to 85 pips are typical. Low volume; tighter spreads than the most exotic crosses but wider than majors.

Base currency
CAD (Canadian Dollar, Canada)
Quote currency
CHF (Swiss Franc, Switzerland)
Pip location
4th decimal (0.0001)
Volume share
under 0.3% of daily global forex turnover

When to trade CAD/CHF

CAD/CHF is most active during the NY + London overlap (8 to 11 AM ET). Both home markets are active. The pair has almost no Asian session activity.

Avoid the Asian session entirely โ€” both currencies are inactive.

Best session
NY + London overlap (8 to 11 AM ET)
Avoid
Asian (no activity)

News events that move CAD/CHF

BoC and SNB rate decisions drive the largest moves. Crude oil inventory data and risk-off events also matter: rising oil and risk-on push CAD/CHF higher; falling oil and risk-off push it lower.

CA and CH CPI prints produce 30-50 pip moves.

Central banks
Bank of Canada (BoC), Swiss National Bank (SNB)
Key releases
BoC rate decisions, SNB rate decisions, Crude oil, Risk-off events, CA / CH CPI

Want the full event calendar? See the economic calendar, and look up unfamiliar terms in the forex glossary.

CAD/CHF FAQ

How does crude oil affect CAD/CHF?
Through CAD. Higher oil supports CAD and pushes CAD/CHF higher. Moderate correlation (around +0.4 on weekly closes).
What is the typical spread on CAD/CHF?
2.0 to 4.0 pips on most ECN brokers.
When is the best time to trade CAD/CHF?
NY + London overlap (8 to 11 AM ET). Both home markets are active. Skip Asian session entirely.
Is CAD/CHF volatile?
Moderate. Daily ranges of 50 to 85 pips. Lower than CAD/JPY because CHF is less volatile than JPY in risk events.
How does CAD/CHF behave in risk-off?
Falls. CHF strengthens during risk-off events while CAD weakens (oil typically sells off). Both moves push CAD/CHF lower simultaneously.
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