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Will GBPCHF rise or fall in the coming weeks?

Will GBPCHF rise or fall in the coming weeks?

The pound has risen against the Franc today as we get closer to understanding a little more about the direction on Brexit. Markets are bracing themselves for the no deal so some rumours of a bit of good news has helped the pound to rise against the Franc. The Franc has also weakened against the pound as the increased certainty over the Brexit weakens the Swiss Franc. The Franc is looking much weaker than the pound now, this is in part due to the currency’s status as a safe haven currency. With less uncertainty over the Brexit the Franc has weakened, this is also true

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Swissie holds longer term value for GBPCHF exchanges

Swissie holds longer term value for GBPCHF exchanges

The Swiss Franc remains strong against sterling, partly in response to the Austrian elections which have seen more far right, populist parties take share away from more conservative parties. The Franc is also strong as global uncertainties remain over North Korea and whilst sterling has fought back some ground lately, the longer term prospect for the pound remain worse than the Francs. With interest rates in the Eurozone remaining negative it is expected as the European Central Bank (ECB) look to taper their QE program and longer term raise their base rate, the Swiss Franc will too rise with it. Overall there is a belief

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Will GBPCHF rise above 1.30?

Will GBPCHF rise above 1.30?

The pound to Franc rate has risen above 1.30 lately as expectations on the pound to rise increase and risk appetite slides. With the potentially extremely volatile North Korean situation reducing in volatility investors have been withdrawing their holdings of Francs which has seen the currency weaker. The pound had risen as the belief of a trade deal for the UK increased and investors fought to get behind the pound. There is still plenty of possible weakness ahead for the pound, principally as a result of the Brexit and if the UK fails to raise interest rates next month. This for me would suggest that

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EUR CHF Exchange Rates Could See Volatility after EU Speeches on Thursday

EUR CHF Exchange Rates Could See Volatility after EU Speeches on Thursday

The Swiss Franc could see a volatile day against the Euro on Thursday with a host of European data and speeches. Industrial production numbers should set the tone although it will be the four European Central Bank (ECB) speakers which are likely to create volatility for EUR CHF. ECB President Mario Draghi and members Praet, Coeure and Lautenschlager will all be speaking and the markets will be closely monitoring for any clues offered as to when tapering of its asset purchasing scheme will commence. The Euro is also likely to be in for a volatile few days after Catalonia has declared independence but also suspended

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Will the pound rise further against the Franc? Will North Korea spring back to life?

Will the pound rise further against the Franc? Will North Korea spring back to life?

The pound to Swiss Franc rate has been rather volatile lately for all number of reasons, namely the movements on sterling relating to the prospect of

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Could Sterling face further losses against the Swiss Franc? (Daniel Johnson)

Could Sterling face further losses against the Swiss Franc? (Daniel Johnson)

May fails to gain political stability Theresa May spoke yesterday at the annual conservative party conference in Manchester. Her aim was to unite the party and

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GBP CHF Pushes Towards 1.30

GBP CHF Pushes Towards 1.30

The Swiss Franc remains in a strong position as global uncertainty both economically and politically continue to help support the currency. The threat of a nuclear

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