CAD/CHF
Fundamentals favour the Canadian Dollar by 58 points.
On the Macro Currency Strength Meter, the Canadian Dollar scores +6 and the Swiss Franc scores -52 — a gap of 58 points in favour of the Canadian Dollar. The widest divergence is in positioning, which favours the Canadian Dollar. All else equal that gap is a fundamental tailwind for the Canadian Dollar against the Swiss Franc — though markets may already have priced much of it in.
Pillar comparison
Which currency wins each macro driver| Driver | CAD | CHF | Edge |
|---|---|---|---|
| Interest Rates | -2 | -66 | CAD |
| Growth | -36 | — | CHF |
| Positioning | +39 | -40 | CAD |
| Risk Mood | +24 | -39 | CAD |
| Commodities | +19 | — | CAD |