Tag "Article 50"

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

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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. The Pound to Swiss Franc rate has quite some distance to climb before reaching its May highs of 1.30+, but the currency was helped this week after the Bank of England surprised financial markets on Thursday during the Monetary Policy Committee’s interest rate decision. Almost half of the voting members of the BoE’s Monetary Policy Committee voted in favour of raising interest rates. This was the first time they’ve been this bullish since 2007, ten years ago. The most likely

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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 September 2016. The pound to Franc rate has fallen as sterling suffers at the mercy of higher inflation and the Franc is bought as European markets fare well but there does remain a degree of international uncertainty. The US dollar has been sold off lately and the Franc has been a main beneficiary. This will all probably subside in the coming weeks and rates back over 1.30 could easily be seen again, particularly if Theresa May wins a strong

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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 increased. The election of Emmanuel Macron has removed the uncertainty over the increase in Europe of right-wing parties which could have threatened the government. The overall belief is that we are in a much better position for the Swiss Franc as confidence increases over the global The market is now looking towards the French regional elections in June as trigger points to further volatility on safe haven currencies like the Swiss Franc. The Franc as a safe haven currency

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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.

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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

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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

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Trade Negotiations crucial to Sterling value (Daniel Johnson)

Trade Negotiations crucial to Sterling value (Daniel Johnson)

Theresa May positive on Trade Deals One of the key factors to the value of the pound is trade negotiations following the triggering of article 50.

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Is the Swiss Franc still a safe haven?

Is the Swiss Franc still a safe haven?

The Swiss Franc has always been framed as a safe haven currency, one that in terms of economic or political uncertainty is an investors ‘go-to’ to

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Has GBP/CHF seen its lowest levels now that Brexit is underway? (Joseph Wright)

Has GBP/CHF seen its lowest levels now that Brexit is underway? (Joseph Wright)

The Pound to Swiss Franc exchange rate has opened up flat this morning, trading at around the 1.2385 mark at the mid-market level. With the triggering

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