Swissy

“Swissy” is a colloquial term used in forex trading to refer to the Swiss Franc (CHF), the official currency of Switzerland and Liechtenstein.

The term is derived from “Swiss,” as the currency is issued by the Swiss National Bank.

The Swiss Franc is known for its role as a safe haven currency, meaning that investors and traders often buy CHF in times of economic uncertainty or instability due to the perceived stability and security of the Swiss economy.

This is similar to how traders might turn to gold or U.S. Treasury bonds in challenging economic times.

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