Archive

Will GBPCHF fall into the teens? (Dayle Littlejohn)

Will GBPCHF fall into the teens? (Dayle Littlejohn)

Since the UK public decided to vote out of the European Union GBPCHF exchange rates have dropped 22 cents. To put this into monetary value a 200,000 Swiss Franc purchase now costs an extra £26,000 and I believe buying the Franc is going to get more expensive next week. The Bank of England are set to release their latest interest rate next Thursday. Many economists are predicting further cuts potentially to 0%. When a central bank cuts interest rates it entices investors to move their assets out of that currency and into another currency that provides a higher yield. Personally I believe there is a

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Where Next for GBP/CHF Exchange Rates? (Matthew Vassallo)

Where Next for GBP/CHF Exchange Rates? (Matthew Vassallo)

GBP/CHF rates have levelled out over the past couple of weeks following some heavy losses earlier this month. The Pound crashed following UK Prime Minister Theresa May’s comments regarding the triggering of Article 50 early next year. Whilst we knew this was coming the timeline was shrouded in uncertainty and the confirmation rocked the markets and sapped investor confidence, which in turn caused the Pound to lose value. We did see a mini recovery for Sterling earlier in the week, which was halted following Bank of England (BoE) governor Mark Carney’s speech earlier this week, which despite mentioning a prospective interest rate hike due to

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What can we expect next for the Swiss Franc?

What can we expect next for the Swiss Franc?

The Swiss Franc continues to remain very strong against the pound which is still suffering from worries over the outcome of the Brexit negotiations. For both buyers and sellers the Brexit issues is not going away anywhere soon. This is likely to to continue to weigh on the performance of the pound which should see GBPCHF remain very weak and in the lower 1.20’s if not lower. Unfortunately for CHF buyers with pounds the rate seems likely to remain lower and to favour CHF sellers. What will lie ahead as an opportunity for CHF buyers? If you have a transfer to make in the coming

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Buying Swiss Franc rates expected for sudden slump tomorrow morning (Joshua Privett)

Buying Swiss Franc rates expected for sudden slump tomorrow morning (Joshua Privett)

Buying Swiss Franc rates (GBP/CHF) have been subject to further falls recently for Sterling, mainly based on anticipation rather than any concrete figures. Sterling is having a busy week, with most of its pairings being influenced by events on this side of the channel rather than abroad. Yesterday markets were zoning in on a deposition given by Mark Carney, the Governor of the Bank of England, to the House of Lords Treasury Committee. This deposition was aimed at addressing issues surrounding the UK economy in the post-Brexit landscape and discussing with him how current monetary policy was expected to evolve and how markets may continue

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GBP CHF ahead of UK GDP Numbers this Thursday (James Lovick)

GBP CHF ahead of UK GDP Numbers this Thursday (James Lovick)

The pound had started the week looking more upbeat against the Swiss Franc but soon came under pressure just before Bank of England Governor Mark Carney

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Will 1.20 be tested again on GBP/CHF? (Joseph Wright)

Will 1.20 be tested again on GBP/CHF? (Joseph Wright)

Sterling has fallen as low as 1.1565 against the Swiss Franc within the last 52 weeks according to come sources, with the ‘flash crash’ being the

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Sterling flat against the Swiss Franc in the run up to UK GDP figures (Tom Holian)

Sterling flat against the Swiss Franc in the run up to UK GDP figures (Tom Holian)

Sterling vs the Swiss Franc has remained close to its lowest level in history caused by the aftermath of the Brexit vote back in June and

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Where Next for GBP/CHF Exchange Rates? (Matthew Vassallo)

Where Next for GBP/CHF Exchange Rates? (Matthew Vassallo)

GBP/CHF rates have fallen dramatically over the past month, as Sterling continues to find itself under pressure against the major currencies. However, despite these losses it

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Buying Swiss Franc rates improve once more from positive UK employment data (Joshua Privett)

Buying Swiss Franc rates improve once more from positive UK employment data (Joshua Privett)

GBP/CHF has improved up closer to the 1.22 mark today following the news of strong employment figures for the UK market hitting the wire at 9:30

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Swiss Franc holds above 1.20 but for how long?

Swiss Franc holds above 1.20 but for how long?

The Swiss Franc has strengthened against the pound as global uncertainty persists in the form of the UK’s Brexit vote and the US Presidential Election. Looking

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