Tag "best UK exchange rates"

GBPCHF forecast

GBPCHF forecast

Over the last 4 weeks GBPCHF exchange rates have been falling. Over the last 4 weeks GBPCHF has been as high as 1.3485, however at present GBPCHF sits at 1.2985. To put this into monetary value for clients purchasing 200,000 Swiss francs today compared to the highs experience last month they are now paying an additional £5,700. The pound has lost value in recent weeks due to the change in sentiment surrounding Brexit. Head EU negotiator Michel Barnier announced that the transitional talks are not going to plan, and if this continues there wont be a transition and the UK will leave the EU with

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Could we see gains for CHF? (Daniel Johnson)

Could we see gains for CHF? (Daniel Johnson)

GBP/CHF – The Swiss Franc has gained ground over Sterling during recent trading and this could be set to continue with Phase two of Brexit talks shortly to commence. UK Chief Negotiator, David Davis and EU Chief Negotiator, Michel Barnier are far from being on the same hymn sheet in regards to Brexit. Davis has accused EU services of approaching UK companies and advising them to relocate their head quarters to the EU or risk losing their contracts. Davis is clearly not happy as the UK is still a member of the EU. Trade deals are set to be determined in the next set of

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Sterling continues recovery as positive sentiment increases (Joseph Wright)

Sterling continues recovery as positive sentiment increases (Joseph Wright)

The Pound has continued to climb against the majority of major currency pairs in recent weeks, as there appears to be a complete change in sentiment towards the UK economy and the prospects of a higher valued Pound. Towards the back end of last year Sterling was under pressure as poor economic performance coupled with fears of a Hard Brexit dominated financial headlines, although the sentiments seem to have reversed in recent weeks with the Pound hitting the headlines for positive reasons. EU members such as the Netherlands and Spain have advocated for a smooth Brexit transition, whilst hopes of a transitional trading period after

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GBPCHF close to an 18 month high

GBPCHF close to an 18 month high

Its not been a great day for the pound vs the Swiss Franc and exchange rates have dropped 0.85% however exchange rates are still close to an 18 month high. Brexit sentiment has changed in the last 3 months as the UK and EU have begun trade negotiations and its likely that a deal will be formed at some point throughout the year. This week leaders from around the globe have met in Davos, Switzerland to discuss the global economy. Exchange rates have seemed to be volatile this week when key figures speak. For example earlier in the week Angela Merkel from Germany announced she

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Where next for CHF? (Daniel Johnson)

Where next for CHF? (Daniel Johnson)

GBP/CHF – I would expect Sterling to come under pressure to wards the end of the month when Phase two of Brexit talks commence towards the

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EU summit to dictate GBPCHF exchange rates

EU summit to dictate GBPCHF exchange rates

Since the end of August the pound has been making inroads against the Swiss Franc and recovering from the dramatic drop in exchange rates since the

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Pound to Swiss Franc rate trading around post-Brexit vote highs, will the trend continue? (Joseph Wright)

Pound to Swiss Franc rate trading around post-Brexit vote highs, will the trend continue? (Joseph Wright)

The rate for exchanging Pounds into Swiss Francs is now trading well into the 1.32’s, which are the highest levels seen since the Pound fell dramatically

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Pound soars after Brexit bill breakthrough, will the upward trend continue? (Joseph Wright)

Pound soars after Brexit bill breakthrough, will the upward trend continue? (Joseph Wright)

The Pound spiked upward today across the board of currencies today, after speculation of a final agreed amount for the Brexit bill has supposedly been agreed.

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Will GBPCHF keep rising?

Will GBPCHF keep rising?

Will the pound continue to rise against the Franc is a very valid question owing to the recent improvements we have seen on the GBPCHF pairing,

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What can we expect next for the Swiss Franc?

What can we expect next for the Swiss Franc?

The Swiss Franc has weakened against sterling towards the end of this week as some stronger than expected GBP data on Retail Sales has seen the

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