For those researching potential future price movements between the Pound and the Swiss Franc, I think the effects of the Swiss National Banks current negative interest rate policy is a key topic to be aware of. The current interest rate in Switzerland is -0.75% and other than Japan, it’s the only major economy with a negative interest rate. The reason the SNB made the decision to cut rates this significantly is essentially to discourage capital inflows and therefore hinder the Swiss Franc from getting even stronger. Those planning on a Swiss Franc to Sterling currency conversion should bear this in mind as further strength within
- How does the SNB’s negative interest rate policy effect the Swiss Franc’s value? (Joseph Wright) For those researching potential future price movements between the Pound and the Swiss Franc, I think the effects of the Swiss National Banks current negative interest rate policy is a...
- Buying Swiss Francs with Sterling remains uncertain owing to Article 50 issues (Tom Holian) Sterling is still battling against the Swiss Franc but not making any real gains recently owing to the uncertain political situation in the UK. In a week of little UK...
- The impact of the US Presidential election on the Swiss Franc (Dayle Littlejohn) Last night was the first televised debate between Hilary Clinton and Donald Trump. The general reaction is that Hilary got the upper hand and came out on top. She criticized...
- Selling Swiss Francs – GBP CHF Plummets (James Lovick) The pound has fallen further against the Swiss Franc as Brexit uncertainty continues to dominate the markets. Mortgage approvals from the British Bankers Association came in weaker than expected this...
- GBP/CHF continues to trend downward as pessimism surrounds the Pound (Joseph Wright) Over the past week the Pound has struggled against pretty much all major currencies as risk appetite has waned within global markets. The focus is very much on the UK...
Latest Swiss Franc exchange rate forecasts
The GBPCHF rate looks set to struggle further in the coming weeks with little or no prospect of any big improvements from the sterling side. With the US election picking up and safe haven currencies likely to perform well buying Swiss Francs could well become more expensive. Usually in times of global uncertainty safe haven investments like the CHF and Gold will perform well as investors buy them to compensate for falls elsewhere. This is in contrast to currencies like the pound which with plenty of uncertainty are performing badly and falling. Today has actually seen an improvement in exchange rates to buy the France
Last night was the first televised debate between Hilary Clinton and Donald Trump. The general reaction is that Hilary got the upper hand and came out
Wednesday night the Federal Reserve decided to keep interest rates on hold at 0.5%. Chairlady Janet Yellen stated the Fed are closer to hiking rates but
The Pound has continued to struggle against the Swiss Franc following on from last night’s US Federal Reserve’s interest rate decision to keep interest rates on
The Swiss Franc has remained at incredibly attractive levels for those looking to sell CHF to buy Sterling for some time. Yet this is expected to
Post-Brexit we saw Sterling drop significantly against the Swiss Franc. Many economists predicted a further fall with poor UK data expected. Many figures actually went against
- GBP/CHF at a 10 day high (Ben Fletcher)
- GBPCHF rates slide to 5 year low!
- GBPCHF find Strength following strong retail sales
- Swiss Franc Strength on Brexit Woes (James Lovick)
- The Swiss Franc Strength Continues (Ben Fletcher)
- GBP/CHF Rates Continue to Fall (Matthew Vassallo)
- Have we seen the true damage caused by Brexit vote? – Pound Forecast (Daniel Charles Johnson
- GBP/CHF rates managing to hold firm in the mid 1.20’s (Joshua Privett)
- Swiss Franc Continues to Show More Strength (Ben Fletcher)
- Sterling loses the battle against the Swiss Franc (Tom Holian)