USD/CHF is an exchange rate that specifies how many CHF (Swiss Franc) can be converted into one USD (United States Dollar), therefore the base currency is USD and the price currency is CHF. If this rate declines, it means that CHF appreciates relative to USD and if this rate increases it means that the CHF depreciates against the USD. There are many macroeconomic factors/events (fundamentals) that affect USD/CHF exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and other monetary policies applied by central banks. The exchange rate reached the lowest value of 0.72 in August of 2011 and the highest of 3.88 in April of 1972. Regarding the trade relationship between United States and Switzerland, the latter imports 9.0% of United States's total exports, whereas United States imports 1.7% of Switzerland's total exports. The largest component of United States's exports are machinery, nuclear reactor and boiler products whereas Switzerland's largest export components are pearls, precious stones, metals, coins. Any significant shifts in the trade relationship between the two regions and changes in the values of the aforementioned components are some of the factors that could have a material impact on the pair.
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