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Will GBPCHF rise above 1.25?

Will GBPCHF rise above 1.25?

The pound to Swiss Franc exchange rate is currently back at 1.25 representing some of the very best times since May to buy Swiss Francs with pounds. If you have a transfer in the future buying Swissies with the pound then making some plans in advance is well worthwhile since the current market is not looking too favourable! GBPCHF has spent most of 2017 trading below the 1.30 highs reached back in May. Only a week ago we did hit 1.26 but it has generally been languishing in the 1.23-1.24 territory. If you have a transfer buying or selling the Franc with the pound we

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Will the Pound fall following Wednesday’s GDP data? (Tom Holian)

Will the Pound fall following Wednesday’s GDP data? (Tom Holian)

The currency markets appear to have started to lose faith in Sterling recently as the Pound continues to struggle against the Swiss Franc. Politically the UK is still very unstable and in the weeks since the beginning of the Brexit talks they don’t appear to have gone very well so far. Indeed, Sterling is still very low against the Swiss Franc and the next potential for exchange rate movement will come on Wednesday morning when the UK releases its latest set of GDP data for the second quarter. I personally think this could cause a problem for the Pound as this quarter includes the beginning

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Will GBPCHF rise back above 1.25?

Will GBPCHF rise back above 1.25?

If you are looking to buy Swiss Francs with the pound the coming weeks could prove very interesting to see just how sterling to Franc rates react following a shift in sentiments towards the currency pairing. Overall there is a belief that the rate will struggle to hold firmly above 1.25 since there remain a number of global events which seem likely to trigger a move lower. If you need to make a transfer buying or selling the Franc then making plans in advance is sensible since this pair can quickly take an unexpected turn. Please contact me Jonathan on jmw@currencies.co.uk for an overview. The

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What can we expect next for the GBPCHF exchange rate?

What can we expect next for the GBPCHF exchange rate?

The pound to Swiss Franc rate has been sliding on the uncertainty of the UK raising interest rates. The general impression from the market is that the UK will fail to raise interest rates as quickly as many had hoped. Whilst I believe GBPCHF could easily drop lower say to below 1.20, ore than likely we will come to some form of settlement in the 1.22-1.23 range. A big factor driving the Franc against the pound is the positioning and we fell to almost the lowest rates in 2017 earlier today as sterling fell on comments from the Bank of England yesterday. There is a

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Pound falls against the Swiss Franc after MPC member comments (Tom Holian)

Pound falls against the Swiss Franc after MPC member comments (Tom Holian)

The Pound has fallen vs the Swiss Franc after two of the members of the Monetary Policy Committee spoke yesterday. Ben Broadbent has stated that he’s

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CHF bolstered by heightened political tensions (Joshua Privett)

CHF bolstered by heightened political tensions (Joshua Privett)

The G20 Summit this week is causing a hos of speculation on the currency markets as to what kind of deals will be stuck, which country’s

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GBP/CHF Forecast – Sterling Strengthens Ahead of Carney’s Speech (Matthew Vassallo)

GBP/CHF Forecast – Sterling Strengthens Ahead of Carney’s Speech (Matthew Vassallo)

The Pound has found some support over the past week, gaining almost two cents on the CHF at its high. GBP/CHF exchange rates are continuing to

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Will GBPCHF improve towards the end of the year (Dayle Littlejohn)

Will GBPCHF improve towards the end of the year (Dayle Littlejohn)

Yesterday Ian McCafferty one of the current eight voting members of the Monetary Policy Committee from the Bank of England, gave another hawkish press conference in

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Brexit Negotiations may not go to Plan (Daniel Johnson)

Brexit Negotiations may not go to Plan (Daniel Johnson)

Brussels to play hard ball in Brexit negotiations It seems Brexit negotiators may have to make a change in stance in regards to exit talks.  The

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