When it comes to forex trading, there are many currencies that dealers deal in every day, but when you want stability, essence profitability, there is no currency compared with the Swiss franc, the forex traders never pass on any opportunity to invest in the Swiss franc, and there is no surprise in their approach towards the Swiss franc, Switzerland has a very stable financial system, their banking system is one of the oldest as well, and they have kept themselves from converting to the euro, that has also added to the reputation of the Swiss franc. Although Switzerland were lined up to join the Euro Zone and convert their currency unit to EUR, but to date the currency of Switzerland remains the Swiss Franc, it is considered as one of the most stable currencies all over the globe, and that is the reason why it is one the top most traded currencies in the international trade and monetary markets.
If you ask a forex trader that what I should do to enhance my portfolio as a forex trader, surely he will advise you to deal in the Swiss franc, I know many traders who were worried when they had invested in different currencies, unstable and ever fluctuating rates of those currencies were a headache, but those who then changed to Swiss franc now sleep soundly, because they know they have invested in a very stable and strong currency, and many of them call it safe haven currency.
Switzerland is renowned for its stable political and financial position, but that is not the only thing that makes their currency and industries, business so strong and attractive to investors, Switzerland has one of the finest infrastructures anywhere across Europe. From Zurich to Geneva, from Basel to Bern, you would find well- drilled infrastructure in the entire country, for many, their dream vacation destination is Switzerland, and rightly so, it is one the most beautiful places to be anywhere in the world, equipped with technologies but the beauty of the nature is well preserved by the Swiss, which makes it a huge tourist attraction, and tourist are the biggest cash movers, they bring their currency, exchange it with yours and that only helps your currency. Tourism has been a real help for the Swiss franc over the years, along with many other things, it is right up there in the mix list of top earning industries of Switzerland.
Switzerland has a many options of earnings, may be this is the secret behind their ever stable economy, on one hand they have their unrivaled banking system, which is one of the most ancient banking systems in the world, and on the other hand they have companies like Nestle, Glencore, Roche, and Swatch. Swiss chocolates are world famous, Swiss watches and their technology, really the world takes a bow! And their pharmaceutical industry is along among the world’s leading pharmaceutical industries with companies like Novartis and Roche.