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USDCHF is a currency pair of the US dollar (USD) and the Swiss franc (CHF). The US dollar is the world's most traded currency issued by the US, the world's largest economy, and the Swiss franc is the currency of Switzerland in high demand as a safe haven. USDCHF is the seventh most traded pair in the forex market. As the currency of the world's largest economy, the United States, the US dollar is the most circulated currency in the world. This safe-haven currency is more likely to be sold in a risk-on environment (i.e., more investment in riskier assets) and to be bought in a risk-off environment (i.e., more investment in safer assets). US dollar currency pairs tend to be more actively traded than others. The Swiss franc was once an important currency along with the British pound, the Deutsche mark, and the French franc. Since Switzerland is not a member of the EU, the Swiss franc is still in use even after the birth of the euro, the unified currency of the EU. As the currency of the permanently neutral country with political and economic stability, it is recognized as a safe haven that tends to be bought in times of risk or uncertainty in the world.