Tag "Article 50"

What’s behind the CHF weakness, and will it continue?

What’s behind the CHF weakness, and will it continue?

The Swiss Franc has been one of the biggest losers during today’s trading session, leading losses out of the G7 countries and there retrospective currencies. Despite there bring a lot of political uncertainty out there the Swiss Franc isn’t benefiting which I think is a negative sign moving forward. There are the obvious concerns surrounding the UK’s Brexit and how amending the current business conditions could impact the economy of the UK and the Eurozone negatively. At the same time and also more recently, political uncertainty surrounding the Italian government is beginning to cause a stir and this has caused the Italian stock markets to

Read Full Article

GBPCHF rates back to near post Referendum highs!

GBPCHF rates back to near post Referendum highs!

The Swiss Franc is weaker on fading concerns over numerous international events that can make the Franc stronger. Expectations are also linked to the upcoming Swiss National Bank (SNB) interest rate decision tomorrow which could be a market mover. With their interest rate at -0.75% investors will be closely watching the rates to understand just where policy could lead in the future. The pound is currently looking stronger too which has seen GBPCHF rising, this could all change very quickly owing to a number of events. As a safe haven currency the Franc rises and falls on international sentiments to global risk. Investor attitudes to

Read Full Article

Will the bull run for the Pound continue? (Joseph Wright)

Will the bull run for the Pound continue? (Joseph Wright)

After falling from it’s 2017 highs of around 1.34, the GBP/CHF pair has since dipped and begun to climb back towards that mark again. At the time of writing, the pair are trading just below 1.33 which is around a cent from the Year-To-Date high. The Pound has been boosted today due to a data release earlier where it emerged that Retail Sales surged in November. The actual figure far exceeded the expectation as markets were expecting to see a figure of 0.4% which would have been up from the October figure of 0.3%, but Retail Sales figures rose by 1.1% during November. Although the

Read Full Article

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 the Brexit really begun. At the time the rate hit the 1.20’s which in the reverse equates to almost 0.83 pence per Swiss Franc, and at the time of writing we’re getting closer to these levels as the current rate is just over 0.80 cents. Due to the issues between North Korea and Japan/USA there appears to be more of a demand for safe haven currencies such as CHF, as well as commodities such as Gold. The Pound has

Read Full Article

Sterling gains on BoE rate hopes, will we see the Pound recover back to May’s levels? (Joseph Wright)

Sterling gains on BoE rate hopes, will we see the Pound recover back to May’s levels? (Joseph Wright)

The Pound has gained roughly around 1% against the Swiss Franc this week, making the prospect of buying Swiss Francs with Pounds a more attractive prospect.

Read Full Article

Will the Pound to Swiss Franc rate go back over 1.30?

Will the Pound to Swiss Franc rate go back over 1.30?

The pound to Swiss Franc rate has slipped from the recent highs of over 1.30 which were the best rates to buy Francs with pounds since

Read Full Article

GBPCHF breaks the 1.30 but quickly falls back!

GBPCHF breaks the 1.30 but quickly falls back!

The pound to Swiss Franc rate has broken 1.30 this week as sterling has risen and investors confidence over the outlook for politics in the Eurozone

Read Full Article

GBP/CHF What to expect (Daniel Johnson)

GBP/CHF What to expect (Daniel Johnson)

Theresa May’s Snap Election announcement causes the Pound to rally Last week Theresa May called a snap General election due to take place on 8th June.

Read Full Article

Best rates to buy Swiss Francs with pounds in 2017!

Best rates to buy Swiss Francs with pounds in 2017!

Despite some questionable economic data and worries over the Brexit the pound has risen to fresh highs against the Swiss Franc. The overall expectation for sterling

Read Full Article

GBPCHF remains at the better rates of 2017

GBPCHF remains at the better rates of 2017

The pound to Swiss Franc rate remains at some of the better levels of 2017 as the market shrugs off the UK triggering Article 50 and

Read Full Article

Get in touch

Swiss Franc Exchange Rates