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GBP CHF as March Dealine for Brexit Nears (James Lovick)

GBP CHF as March Dealine for Brexit Nears (James Lovick)

GBH CHF continues to see a volatile period with the general global uncertainty which has seen investors favour the safe haven currency. GBP CHF currently sits at 1.25 for this pair and there is resistance at these levels which is preventing the pound from driving higher. Brexit is now upon us with Article 50 to be invoked by UK Prime Minister Theresa May in the month of March. Whilst there was an expectation that it would be invoked 09/01/2017, the Brexit secretary David Davis made clear that this was not a date he was familiar with so there is still much uncertainty as to when

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For how long can GBPCHF remain above 1.25?

For how long can GBPCHF remain above 1.25?

The pound to Franc rate has been over 1.26 at times owing to the belief sterling and the UK economy is now in for a much better run of form than we had previously expected. Most analysts expect that the pound will actually come to struggle in the coming weeks since Article 50 could open the door to significant volatility on the currency markets. If you have a transfer to make involving the pound or Franc then making some plans in advance is a smart move! The Franc benefits from global uncertainty as it is a safe haven currency which benefits and strengthens in times

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Data Releases of Consequence GBP/CHF (Daniel Johnson)

Data Releases  of Consequence GBP/CHF (Daniel Johnson)

UK Data Next Week Tuesday 28th February – Consumer Confidence Consumer Confidence is a leading index that provides a measurement of consumer confidence in economic activity. High consumer confidence stimulates economic growth, if the data is positive we could see Sterling strengthen against the Swiss Franc. Wednesday 29th February – Manufacturing PMI, Consumer Credit and Mortgage Approvals Manufacturing Purchase Managers Index (PMI) provides data on business conditions in the manufacturing sector. It makes up a significant amount of UK GDP so can cause swings in Sterling value. Consumer Credit released by the Bank of England is the amount of of money that individuals borrowed the

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Swiss Franc news today against Sterling (Tom Holian)

Swiss Franc news today against Sterling (Tom Holian)

This week the House of Lords have been debating the issue of the Brexit bill and assuming there are no amendments made this could see a free run towards the triggering of Article 50 due to take place during March. This helped the Pound to hit its best rate to buy Swiss Francs in 2017 creating some excellent opportunities to send money to Switzerland. However, it is not all plain sailing with the costs to leave the European Union price as high as £50bn according to European Commission president Jean-Claude Juncker. UK economic data has been rather mixed recently with UK GDP for the fourth

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Brexit dictates GBP/CHF Levels (Daniel Johnson)

Brexit dictates GBP/CHF Levels (Daniel Johnson)

Brexit Bill Update The exit bill now is in the hands of the House of Lords after being passed through by the House of Commons. I

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GBP CHF Before UK GDP (James Lovick)

GBP CHF Before UK GDP (James Lovick)

The pound has made good gains against the Swiss Franc this morning with rates for GBP CHF now sitting at 1.2650 for this pair. The pound

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Brexit Looming – Where Next for GBP/CHF Exchange rates? (Matthew Vassallo)

Brexit Looming – Where Next for GBP/CHF Exchange rates? (Matthew Vassallo)

With the UK’s Brexit looming on the horizon (assuming there are no delays by the House of Lords), many clients are now questioning which direction GBP/CHF

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What can we expect on GBPCHF this week?

What can we expect on GBPCHF this week?

The pound to Swiss Franc rate has been in the main driven by sterling weakness which is weighing on the performance of the pound which has

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Will the Pound fall as the Brexit formally begins? (Joseph Wright)

Will the Pound fall as the Brexit formally begins? (Joseph Wright)

At the time of  writing the pound is trading much closer to it’s annual low against the Swiss Franc than it’s annual high, and for reason

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Will GBPCHF rates remain above 1.25?

Will GBPCHF rates remain above 1.25?

The pound to Swiss Franc exchange rate remains in a volatile position susceptible to risks of deterioration from outside global events. The Franc being a safe

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