Swissy is an informal term in forex trading that refers to the Swiss Franc (CHF), which is the official currency of Switzerland and Liechtenstein. The term comes from the word Swiss, as the currency is issued by the “Swiss National Bank.”

The Swiss Franc is recognised for its function as a safe-haven currency, meaning that during periods of economic uncertainty or instability, investors and traders often purchase CHF due to the perceived reliability and security of the Swiss economy. This behaviour is akin to how traders might seek gold or U.S. Treasury bonds in difficult economic situations.