Tag "best Sterling exchange rates"

What can we expect for the GBPCHF exchange rate?

What can we expect for the GBPCHF exchange rate?

The pound has been the main driver on this currency pairing as the uncertainty over the UK election persists. Whilst the Theresa May and DUP (Democratic Unionist Party) union is helping hold the Conservative in a majority there is mounting speculation that actually the pound will suffer further in the future as we get news of a potential further election. Such uncertainty is weighing greatly on the pound which remains at lower levels. the Franc is a safe haven currency and actually strengthens in times of global uncertainty, markets are slightly on edge as speculation mounted this week of the ECB ‘taper’ as the Eurozone

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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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CHF rates remain stable as we await end of week flows (Joshua Privett)

CHF rates remain stable as we await end of week flows (Joshua Privett)

Pound to Swiss Franc rates of exchange has been in limbo recently since the election, with traders still on the starting line waiting for further news on the UK election. CHF rates regularly see additional movement during uncertain political periods. Effectively the Pound has suffered given that this election has been dragging on now since the 9th. The second sting for CHF buyers for anyone holding Sterling is that Swiss Franc rates also gain expense during anxious periods as a safe haven currency. The only saving grace for CHF buyers is that they do not lose out as heavily as US Dollar buyers, as the

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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.

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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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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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Will the Swiss Franc suffer now that the first round of voting in the French election is over? (Joseph Wright)

Will the Swiss Franc suffer now that the first round of voting in the French election is over? (Joseph Wright)

The Swiss Franc is in low demand today after the financial markets breathed a sigh of relief. Irrespective or our readers personal beliefs the markets were

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