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GBP/CHF rates fall following nervous attitudes towards Sterling (Joshua Privett)

GBP/CHF rates fall following nervous attitudes towards Sterling (Joshua Privett)

GBP/CHF rates were put under pressure this afternoon following same anxiety about the first look into growth during the UK in the last quarter of 2015. The data will be released tomorrow morning, so markets seem to already be pricing in the results with the net flow being an obvious sell-off of the Pound as the afternoon progressed. Due to the recent flooding and the worsening global business climate, the last three months of 2015 were a testing period for economic output. Individually, each month, growth figures for the retail, industrial, manufacturing and services sector showed troubling results. So, collectively, the look at growth for

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Positive Movements for Sterling vs the Swiss Franc (Tom Holian)

Positive Movements for Sterling vs the Swiss Franc (Tom Holian)

We have seen big gains for Sterling vs the Swiss Franc during today’s trading session by as much as 3 cents from the high to the low or the difference of 2% on a currency transfer. Markets have moved owing to the uncertainty coming out of China recently and the reversal of carry trade currencies which includes the Swiss Franc and hence the reason for the massive movement experienced today. UK GDP figures are due out on Thursday which could cause Sterling to fall and lose its gains against the CHF from today. If you have a currency transfer to make and want to save

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GBP/CHF rates set to test the lower 1.40’s once more?

GBP/CHF rates set to test the lower 1.40’s once more?

The Swiss Franc has steadily been getting more expensive since December. This has mainly been a factor of Sterling weakness rather than any Strength in the Swiss Franc, but this may change by tomorrow morning. Tomorrow import, export, and trade figures for the Swiss economy will be released for the month of December. Which may finally see a turnaround after previously being a major burden to economic growth in recent months. The Swiss economy suffered in 2015 once it unpegged its currency against the Euro. Its value soared and with it, it almost completely lost the ability for many European companies and natioans to afford

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Sterling still in a Precarious Position despite Encouraging Unemployment Figures (Daniel Johnson)

Sterling still in a Precarious Position despite Encouraging Unemployment Figures (Daniel Johnson)

This morning saw the release of UK unemployment figures which came in better than expected but has done little to bolster Sterling against the majority of major currency pairings. There are several significant factors causing the Pounds weakness. the pending EU referendum, the Chinese slow down and worrying inflation levels hindering any possibility of a rate hike.  The question is could things get worse? Personally having evaluated the situation in great detail if I was a CHF seller I would probably look at take advantage of current trading levels. All these attributing factors have pushed Sterling to 12 month lows against both the Euro and

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UK Unemployment at 10 Year Low but the Pound Remains Under Pressure (Matthew Vassallo)

UK Unemployment at 10 Year Low but the Pound Remains Under Pressure (Matthew Vassallo)

GBP/CHF rates have fallen over the last month, with the Pound coming under increasing pressure against most of the major currency pairs. With GBP losing value

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Swiss Franc strengthens against Sterling (Tom Holian)

Swiss Franc strengthens against Sterling (Tom Holian)

Bank of England governor Mark Carney has once again caused Sterling exchange rates to plummet vs the Swiss Franc as he has suggested that UK interest

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GBPCHF levels falling

GBPCHF levels falling

The price of buying any currency with the UK pound got significantly higher today. This was following commentary from mark Carney the head of the Bank

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Sterling crashing is creating excellent opportunities for Swiss France sellers (Joshua Privett)

Sterling crashing is creating excellent opportunities for Swiss France sellers (Joshua Privett)

Sterling has continued to be hurt on the markets as a result of the mounting problems caused by flooding, alongside rumours of a potential ‘Brexit’, which

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Best time in 6 months to sell CHF for GBP!

Best time in 6 months to sell CHF for GBP!

Recent GBP weakness has presented the best time in 6 months to sell CHF for GBP. The expectation is that this will continue since sterling appears

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Sterling Could be in for a Rough Ride against CHF (Daniel Johnson)

Sterling Could be in for a Rough Ride against CHF (Daniel Johnson)

There are several reasons for Sterling’s decline against the Swiss Franc. There has been a drop from 1.49 in mid December to the 1.43s which is

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