Tag "CHF strength"

What’s behind the CHF weakness, and will it continue?

What’s behind the CHF weakness, and will it continue?

The Swiss Franc has been one of the biggest losers during today’s trading session, leading losses out of the G7 countries and there retrospective currencies. Despite there bring a lot of political uncertainty out there the Swiss Franc isn’t benefiting which I think is a negative sign moving forward. There are the obvious concerns surrounding the UK’s Brexit and how amending the current business conditions could impact the economy of the UK and the Eurozone negatively. At the same time and also more recently, political uncertainty surrounding the Italian government is beginning to cause a stir and this has caused the Italian stock markets to

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Will the bull run for the Pound continue? (Joseph Wright)

Will the bull run for the Pound continue? (Joseph Wright)

After falling from it’s 2017 highs of around 1.34, the GBP/CHF pair has since dipped and begun to climb back towards that mark again. At the time of writing, the pair are trading just below 1.33 which is around a cent from the Year-To-Date high. The Pound has been boosted today due to a data release earlier where it emerged that Retail Sales surged in November. The actual figure far exceeded the expectation as markets were expecting to see a figure of 0.4% which would have been up from the October figure of 0.3%, but Retail Sales figures rose by 1.1% during November. Although the

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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

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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.

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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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