Tag "best CHF exchange rates"

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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Swiss Franc remains strong (Dayle Littlejohn)

Swiss Franc remains strong (Dayle Littlejohn)

In the past many of my clients that are not experienced within the currency markets have asked why the Swiss Franc is incredibly strong against all of the major currencies when interest rates are currently in minus territory (-0.75%). Higher interest rates tend to strengthen the currency as investors can receive higher interest on their assets. Switzerland is known as a safe haven currency which means international investors want to leave their assets (normal large amounts) within the country as they believe the value will not depreciate, even thought Banks essentially charge their clients to hold their money. The currency company I work for is

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UK Political Turmoil halts any chance of Sterling Rally (Daniel Johnson)

UK Political Turmoil halts any chance of Sterling Rally (Daniel Johnson)

Political Situation key to GBP/CHF buoancy levels The UK is currently in political limbo. We have no government in place and there are rumors a mutiny could be on the cards in the conservative party. May has been given 10 days to get her house in order, any change in Brexit stance and we could see a challenge to her leadership. Theresa Mays’s move to call a snap election seemed to be a shrewd one. She then however attacked her core voters by stating that those of a certain age with assets of over £100k would have to pay for their own care home or

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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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Sterling continues to slide in wake of Hung Parliament, will this trend continue? (Joseph Wright)

Sterling continues to slide in wake of Hung Parliament, will this trend continue? (Joseph Wright)

The Pound is continuing its downward spiral against all major currency pairs, as today’s trading session has seen another sell-off in the Pound,s value. The uncertainty

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Sterling stabilises for now, but will the election create further spikes for GBP/CHF this week? (Joseph Wright)

Sterling stabilises for now, but will the election create further spikes for GBP/CHF this week? (Joseph Wright)

The Pound has steadied this afternoon after opening the weeks trading session under pressure. The currency got off to a bad start after another terrorist attack,

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UK General Election key mover for GBP/CHF (Daniel Johnson)

UK General Election key mover for GBP/CHF (Daniel Johnson)

Corbyn gains on the Tories Theresa May calling a snap general selection seemed to be a wise move while the opposition was so weak. With a

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Rapid Rise in Inflation causing problems for Sterling (Daniel Johnson)

Rapid Rise in Inflation causing problems for Sterling (Daniel Johnson)

Inflation data weakens Sterling Yesterday saw the release of Consumer Price Index (CPI) data. CPI is a measure of inflation and yesterday we saw a rise

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GBPCHF could hit 1.30!

GBPCHF could hit 1.30!

The pound to Swiss Franc rate could hit 1.30 very soon as the market gets closer to this important level of resistance that could easily break

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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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