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Sterling Gains against Swiss Franc on Strong Manufacturing Exports (James Lovick)

Sterling Gains against Swiss Franc on Strong Manufacturing Exports (James Lovick)

The pound has seen a small pick up against the Swiss Franc over the last week after a run of better UK economic data has pointed to a better outlook post Brexit for the time being anyway. The latest Confederation of Business Industry (CBI) numbers released yesterday showed manufacturing exports hit a 2 year high. This is largely as a result of the weaker pound post Brexit but all the same it highlights a very buoyant manufacturing sector which is most welcome news for Britain. The news could not be much better and it is no surprise the pound has started to push higher against

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Sterling Remains Under Pressure (Matthew Vassallo)

Sterling Remains Under Pressure (Matthew Vassallo)

Sterling remains under pressure against the CHF, with the pair marooned under 1.30 for the last month. With current levels fluctuating around 1.27 on the exchange, GBP may find it difficult to breach the 1.30 resistance level under current market conditions. The CHF is generally seen a safe haven currency by investors, due to its resilience during times of global uncertainty and as such will generally hold its value better than others. However, it is unusual to see GBP/CHF rates trade at these lows and this has been caused by the general market perception surrounding the UK economy at present. The Pound has started to

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Will GBPCHF sink to new lows?

Will GBPCHF sink to new lows?

GBPCHF is likely to come under further pressure in the coming weeks as we learn of new developments in UK economic data and we learn too of new developments in the Brexit situation. Most expectations are skewed towards further negativity on the part of the UK, some commentators have suggested the UK will now enter a gentle period of decline with business putting the brakes on investment and consumers waiting to see what happens. Whilst this hasn’t really yet manifested on the rates or consumer sentiment, business confidence is lower and there remains many unanswered questions over the UK’s future with the EU. A key

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GBP/CHF at a 10 day high (Ben Fletcher)

GBP/CHF at a 10 day high (Ben Fletcher)

It might not be much and it’s only a small jump but Sterling appears to be gaining some strength after a very tough 2 months. After the initial shock from the Brexit vote Sterling has gradually dropped over the last month. This appears to have reached a bottom and there could be some good news only just around the corner. The Swiss Franc has probably been one of the biggest gainers from the Sterling trouble as many investors use the CHF as a place to protect their funds against uncertainty. Whilst the GBP/CHF is at a 5 year low it represents a superb window of

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GBPCHF rates slide to 5 year low!

GBPCHF rates slide to 5 year low!

Pound to Swiss Franc exchange rates have continued their demise as sterling comes under further pressure and the Swissie remains as buoyant as ever. The coming

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GBPCHF find Strength following strong retail sales

GBPCHF find Strength following strong retail sales

GBPCHF shot up half a cent following the news Rates trading at a week high Could rates continue in Sterling’s favour? UK special deal hints Sterling

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Swiss Franc Strength on Brexit Woes (James Lovick)

Swiss Franc Strength on Brexit Woes (James Lovick)

The pound continues its slide lower against the Swiss Franc and by some way with a gradual but steady fall in July and August. The lure

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The Swiss Franc Strength Continues (Ben Fletcher)

The Swiss Franc Strength Continues (Ben Fletcher)

Sterling continued its latest slump dropping into the 1.24’s for the first time in 5 years. After the biggest fall in the cost of houses for

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GBP/CHF Rates Continue to Fall (Matthew Vassallo)

GBP/CHF Rates Continue to Fall (Matthew Vassallo)

GBP has found life tough going recently, with heavy losses against most of the major currencies. The Pound has struggled ever since the UK’s decision to

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Have we seen the true damage caused by Brexit vote? – Pound Forecast (Daniel Charles Johnson

Have we seen the true damage caused by Brexit vote? – Pound Forecast (Daniel Charles Johnson

GBP Forecast The pound is falling in value against the majority of major currencies. After the EU referendum vote we have seen consistent poor UK data.

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