Disclaimer: The opinions shared in this post are provided for informational purposes only. Nothing here should be taken as financial advice. Please do your own research or consult with a licensed financial advisor before making any financial decisions.
This week, we're expanding our FX suite with AUD/USD, NZD/USD, and USD/CHF. Each pair serves as a tool in a macro trader’s arsenal to capture different macro themes.
Why These Pairs? Why Now?
The current macro backdrop is full of opportunity: global rate divergence, rising tariffs, central bank policy pivots, and geopolitical tension. Commodity currencies and safe havens are where the alpha lives.
AUD and NZD: Pure Commodity Plays
- AUD/USD serves as a proxy for China's industrial demand - Australia supplies China with the raw materials that fuel its manufacturing engine, and when China's economy accelerates, demand for Australian iron ore and coal surges
- NZD/USD maps global appetite for dairy and agricultural exports, making it your direct line to soft commodity trends and trade stability.
CHF: The Ultimate Safe Haven
- USD/CHF remains the quintessential crisis hedge, increasingly correlated with gold and trusted when volatility spikes.
The Volatility Advantage
Not all FX pairs offer the same return potential. EUR/USD delivers relatively muted movement, while AUD/USD and NZD/USD average ~9.5% annualized volatility. While more stable on average, USD/CHF has seen vol spikes during major tariff announcements and central bank pivots.
More volatility = more opportunity. These pairs give conviction traders room to extract alpha.
Trade Ideas
Macro Hedge Play:
- Pair short USD/CHF with long XAU/USD—both thrive on fear and uncertainty
- China Stimulus Play: Pair long AUD/USD with long copper futures—both surge when China's industrial machine accelerates. Iron ore demand and base metals move in tandem with infrastructure spending.
- Risk-Off Divergence: Pair short NZD/USD with long USD/JPY—when global risk appetite fades, carry trades unwind and commodity currencies get hit first while the dollar strengthens against funding currencies.
Start trading AUD/USD, NZD/USD, and USD/CHF with up to 200x leverage on Ostium.