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Will GBPCHF rise or fall in October?

Will GBPCHF rise or fall in October?

The GBPCHF rate has been rising steadily as the pound strengthens and the Euro weakens too, which loosely influences the Franc. The Franc has relatively speaking been stronger against the Euro and pound owing to the North Korean tensions which keep threatening to rise. Thankfully the tensions do keep settling back down and this weakens the Franc but ultimately this could be a major source of volatility for the Franc. As a safe haven currency the Swiss Franc will strengthen in times of economic, political and global uncertainty. The latest North Korean tensions are a great example of such uncertainty and it is this that has continually

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Swiss Franc Exchange Rates Could see Gains on North Korea Escalation

Swiss Franc Exchange Rates Could see Gains on North Korea Escalation

The Swiss Franc could see an interesting period ahead considering the further escalation of tensions between the US and North Korea. US bombers flew into North Korean airspace unnoticed this week which has prompted a mobilisation of jets and missiles to the East coast of North Korea. Last night President Trump said the US is prepared to take devastating military action if necessary which follows a sting of heated exchanges and insults between the two leaders. The markets for the moment are largely shrugging on the prospect of a war in the area but should the dialogue escalate further then we could start to see

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Will North Korea break out in war! Will GBPCHF settle above or below 1.30?

Will North Korea break out in war! Will GBPCHF settle above or below 1.30?

As North Korean tensions escalate the Swiss Franc has strengthened as Trump has been accused of declaring war on North Korea. Ri Yong Ho is the North Korean foreign minister and this is what he has claimed, the Swiss Franc has strengthened on the back of this uncertainty. If you need to buy Francs with pounds this is the type of news to be aware can have a great influence on the rates. However I would not be surprised to see it die down once again, GBPCHF could be in for a volatile week however. The pound has risen against the Franc and this is

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Pound hits best level to buy Swiss Francs since May (Tom Holian)

Pound hits best level to buy Swiss Francs since May (Tom Holian)

The Pound has hit its best rate to buy Swiss Francs since May after the Bank of England mentioned that they may be gearing up for an interest rate hike sooner than the market expects. During the announcement the Bank of England spoke about stronger than expected UK economic growth and combined with rising inflation as well as the strongest UK unemployment figures in over 30 years the ingredients could influence an interest rate hike in the next few months. At the end of next week on Friday Prime Minister Theresa May will be speaking in Florence to announce her plan for a post-Brexit Britain in

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Swiss Franc before Foundation Day in North Korea

Swiss Franc before Foundation Day in North Korea

The Swiss Franc is in a very strong position at the moment as global uncertainties continue to help drive the Franc higher. The heightened tensions between

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Sterling Finds Support Against the CHF (Matthew Vassallo)

Sterling Finds Support Against the CHF (Matthew Vassallo)

GBP/CHF are trading around 1.25 on the exchange, with the Pound finding some support during yesterday’s. Sterling received a received a boost, following a report that

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Swiss Franc to Pound rate getting closer to post-Brexit vote highs, will CHF become even more expensive? (Joseph Wright)

Swiss Franc to Pound rate getting closer to post-Brexit vote highs, will CHF become even more expensive? (Joseph Wright)

The best time to have converted Swiss Francs into Sterling over the past decade would have been around October of last year, when the fears surrounding

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Where next for the Swiss Franc? (Tom Holian)

Where next for the Swiss Franc? (Tom Holian)

Sterling vs the Swiss Franc has once again fallen during today’s trading session as the Pound has had another appalling day against all major currencies. The

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