Tag "CHF strength"

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 embraces what lies ahead. The Swiss Franc could now be at more risk from geopolitical concerns emanating from the US’s action directed to Syria. The Swiss Franc is a safe haven currency which means it strengthens in times of economic uncertainty. The coming weeks could see further military action which might raise global concerns over a future war, this would weigh heavily on the Franc if there were further actions. The Franc is stronger in times of political uncertainty

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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 of Article 50 yesterday many were under the impression that the Pound would fall further, but it appears that the Brexit and the fears/uncertainty surrounding it appear to have been priced into the Pounds current value. Since the unexpected Brexit vote the Pound has lost 15% against the Swiss Franc with its lowest level being hit in October last year. During this time the Pound fell below 1.20 as fears emerged that the UK would be going through a

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Pound to Swiss Franc rise halted by International Fears……

Pound to Swiss Franc rise halted by International Fears……

The pound to Swissie has risen above 1.24 after languishing in the 1.22’s for much of last week. This move higher has mainly been prompted by the speculation over a UK interest rate hike later this year. Rising Inflation yesterday helped the pound to find strength but whilst the pound rose strongly against some weaker counterparts such as the Kiwi and Canadian dollar, against the Franc the rise was more muted. What next for this important pairing ahead of the Article 50 news next week? The Franc is a safe haven currency which means it benefits in times of global uncertainty. With gold prices rising and

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GBP/CHF moves upward once again as improved risk appetites weigh on the Swiss Franc (Joseph Wright)

GBP/CHF moves upward once again as improved risk appetites weigh on the Swiss Franc (Joseph Wright)

As risk appetite returns to currency markets and global equity indexes, the GBP/CHF will continue to act as a good benchmark for sentiment within global markets. Many of our readers will be aware of the role of the Swiss Franc and how risk adverse investors tend to pile into CHF, as well has the Japanese Yen in times of market uncertainty. That being said CHF inevitably jumped in value in the aftermath of the ‘Brexit’ vote, a move which shocked markets worldwide and therefore hadn’t been factored into GBP exchange rates prior to the announcement. On the day of the announcement the Swiss Franc gained

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GBP/CHF Where is Sterling Headed? (Daniel Johnson)

GBP/CHF Where is Sterling Headed? (Daniel Johnson)

The pound has dropped substantially  against the majority of major currencies. Sterling sits at record lows against most. . The media have mentioned the gains on

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Brexit the main driver for GBP/CHF (Daniel Charles Johnson)

Brexit the main driver for GBP/CHF (Daniel Charles Johnson)

We have seen positive trade balance figures today from the UK  and unemployment levels came in as expected fro Switzerland. There are no further data releases

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CHF posts biggest drop versus GBP in 2 weeks (Joseph Wright)

CHF posts biggest drop versus GBP in 2 weeks (Joseph Wright)

As the Pound struggles for direction this week, we have seen it gain heavily against the Swiss Franc during today’s trading session, posting gains in excess

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Swiss Franc strengthens against Sterling (Tom Holian)

Swiss Franc strengthens against Sterling (Tom Holian)

The Pound has continued to fall from its recent highs vs the Swiss Franc as the UK economic data which came out at the beginning of

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Will CHF benefit from Brexit fears?

Will CHF benefit from Brexit fears?

Most of the talk surrounding the UK’s upcoming EU Referendum concerns the British Pound and the Euro, although some analysts believe other currencies could benefit from

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Will GBPCHF have a sustained period in the 1.30s. (Dayle Littlejohn)

Will GBPCHF have a sustained period in the 1.30s. (Dayle Littlejohn)

A question on all clients minds when transferring GBP into CHF is where are the exchange rates heading? I am a strong believer the ‘Brexit’ is

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