Tag "Buy Swiss Francs"

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

Read Full Article

How was the election affected the Pound vs the Swiss Franc? (Tom Holian)

How was the election affected the Pound vs the Swiss Franc? (Tom Holian)

The Pound to Swiss Franc exchange rate has continued to fall over the last few days when initial exit polls came out on election night which suggested that the final result would end up with a hung parliament with no party able to form a majority government. The exit polls were in this case expertly predicted and the Conservatives were unable to form a majority government and as of yet the Tories have not yet been able to form a majority government with the DUP. The Queen’s Speech has also been delayed which was originally planned to take place next Monday. When a hung parliament happened

Read Full Article

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 surrounding the UK’s situation moving forward is weighing on sentiment and the Pound’s value. and has fallen over 2% since the election result last week. The relationship between the Pound and the Swiss Franc is interesting as investors tend to magnate towards currencies like the Swiss Franc in times of uncertainty, as the currency is considered a safe haven currency. Therefore in times as political uncertainty within Europe such as now, we could see the Pound continue to weaken

Read Full Article

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, the 3rd in the last 3 months. As dreadful as it may sound the financial markets appear to have become more accustomed to these types of events and despite the weekends dreadful attacks over the weekend, the Pound has actually climbed almost across the board of major currency pairs during today’s trading session. I expect there to be further price movements between the Pound and the Swiss Franc between now and the election this Thursday, especially if the polls

Read Full Article

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

Read Full Article

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

Read Full Article

US Interest rate decision and the impact on the Swiss Franc vs Sterling (Tom Holian)

US Interest rate decision and the impact on the Swiss Franc vs Sterling (Tom Holian)

Sterling vs the Swiss Franc has fallen again as the US Federal Reserve have raised interest rates last night. This has seen the Pound fall against

Read Full Article

Could political uncertainty within Europe push the Swiss Franc even higher? (Joseph Wright)

Could political uncertainty within Europe push the Swiss Franc even higher? (Joseph Wright)

The cost of hedging against major currency fluctuations between the Swiss Franc and the Euro hit it’s highest level in 2 months yesterday, as fears over

Read Full Article

Swiss Franc news today against Sterling (Tom Holian)

Swiss Franc news today against Sterling (Tom Holian)

This week the House of Lords have been debating the issue of the Brexit bill and assuming there are no amendments made this could see a

Read Full Article

GBP CHF Before UK GDP (James Lovick)

GBP CHF Before UK GDP (James Lovick)

The pound has made good gains against the Swiss Franc this morning with rates for GBP CHF now sitting at 1.2650 for this pair. The pound

Read Full Article

Get in touch

Swiss Franc Exchange Rates