The EUR/CHF Spot tells traders how many Swiss francs they can receive for each euro and is a vital currency pair in the fx markets.
Both are considered 'major' monies and will reflect the level of optimism surrounding the eurozone's growth prospects, particularly since the Swiss currency is one of the most popular safe-haven options for cautious investors.
Until May 2000, the franc was still linked to the country's gold reserves - with 40 per cent of its value required to be backed by the precious metal - and it is this among other policies that have given it a reputation for being a strong money.
The euro was introduced in 1999 and steadily gained value after an auspicious start, but the global economic downturn has had a major impact on the eurozone.
Debt problems in countries such as Ireland, Greece, Spain and Italy weigh heavily on its future growth and some commentators are even questioning if the system in its current form is workable.
The euro and the franc are the second and sixth most-traded currencies in the world and they are both significantly affected by official trade reports, economic performance, interest rates and inflation statistics among other measures of growth.
In addition, the fluctuation of commodities such as oil, gold, base metals and agricultural prices often plays a key role.