Swissie

AAA

DEFINITION of 'Swissie'

A slang term for the Swiss franc. The Swiss franc, or Swissie, has often been considered a safe-haven currency during times of geopolitical unrest. This is mainly due to the country's neutral stance in global conflicts.

INVESTOPEDIA EXPLAINS 'Swissie'

For example, one may hear in a news report that the Swissie was down in today's trading. This is similar to the U.S., where the dollar is referred to as the "greenback", Canada, where the dollar is called a "loonie" and New Zealand, where the dollar is called a "kiwi".

RELATED TERMS
  1. Safe Haven

    An investment that is expected to retain its value or even increase ...
  2. Stocky

    A slang term used by forex traders for the Swedish krona, which ...
  3. CHF

    In currencies, this is the abbreviation for the Swiss franc. ...
  4. Loonie

    Colloquial term that refers to the $1 Canadian coin, and also ...
  5. Greenback

    A slang term for U.S. paper dollars. Greenbacks got their name ...
  6. Forex - FX

    The market in which currencies are traded. The forex market is ...
Related Articles
  1. Forex Education

    Making Sense Of The EUR/CHF Relationship

    The strong correlation between EUR and CHF currency pairs is undeniable. Find out what it means for forex traders.
  2. Forex Education

    The Swiss Franc: What Every Forex Trader Needs To Know

    Find out what you need to know before you start trading the Swiss franc.
  3. Forex Education

    Top 7 Questions About Currency Trading Answered

    Whether you're puzzled by pips or curious about carry trades, your queries are answered here.
  4. Forex Education

    Forex Tutorial: The Forex Market

    In this online tutorial, beginners and experts alike can learn the ins and outs of the retail forex market.
  5. Forex

    What to Expect After the Swiss Currency Shock

    What to expect for the world economy after the Swiss currency shock.
  6. Chart Advisor

    Use This ETF To Trade The Swiss Franc

    Traders were stunned last week when the Swiss National Bank removed the currency peg that tied the value of the Swiss franc to the euro.
  7. Forex

    The 6 Most-Traded Currencies And Why They're So Popular

    Regardless of the reason, forex is an integral part of 21st century finance. And the more widely used and reliable the currency, the greater the likelihood of people buying and selling it every ...
  8. Forex Education

    Top 8 Most Tradable Currencies

    Currencies can provide diversification for a portfolio that's in a rut. Find out which ones you need to know.
  9. Professionals

    Top 10 Cities For A Career In Finance

    Moving to one of these financial hot-spot destinations could set your career in motion.
  10. Professionals

    The Top 3 Educational Systems In The World

    Prospering economies and financial sectors benefit from highly evolved teaching systems. Find out how.

You May Also Like

Hot Definitions
  1. Command Economy

    A system where the government, rather than the free market, determines what goods should be produced, how much should be ...
  2. Prospectus

    A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details ...
  3. Treasury Bond - T-Bond

    A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. Treasury bonds make interest ...
  4. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  5. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  6. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
Trading Center