Tag "CHF"

Will the Pound continue to make gains vs the Swiss Franc?

Will the Pound continue to make gains vs the Swiss Franc?

The Swiss Franc has been weakening recently as global investors appear to be moving away from the safe haven of the Swiss banking system. The US Federal Reserve have continued to increase interest rates during last year and have already hiked rates during 2018 with further rate hikes expected later on this year. With the Swiss interest rate so low this has encouraged investors to sell the Swiss Franc in favour of the US Dollar hence the weakening over the last few weeks particularly vs the Pound. The Swiss Franc has also hit 1.20 vs the Euro which is the same price when the Swiss

Read Full Article

GBP/CHF has a busy day as 1.30 fails to act as a resistance, will GBP/CHF continue to climb? (Joseph Wright)

GBP/CHF has a busy day as 1.30 fails to act as a resistance, will GBP/CHF continue to climb? (Joseph Wright)

Sterling has performed well today against all major currency pairs, with its performance against the Swiss Franc being one of the stand out performers. In this morning’s trading session the Pound received a boost after it emerged that the UK’s services sector is in good health after the PMI figures hit 54.5 in February which is a lot better than the 53.3 expectations. On Friday the UK’s Prime Minister, Theresa May gave a Brexit related speech which has failed to stimulate the markets as the pound remained relatively unchanged. I think that those of our readers monitoring rates should be aware that Brexit related news

Read Full Article

Swiss GDP figures confirm economy is in full swing – A good year ahead for the Swiss economy?

Swiss GDP figures confirm economy is in full swing – A good year ahead for the Swiss economy?

GDP figures released today confirmed that the Swiss economy is in full swing once again and it looks like 2018 will be a good one for the Swiss economy and potentially the Swiss Franc too. The Swiss Government have declared an end to the so called “Frankenshock” which happened as the cap on EUR/CHF was lifted three years ago. For quite a period now Swiss exports had suffered due to the Swiss Franc being so strong and a number of Swiss companies had been finding life particularly tough, however it does now appear that the Swiss economy has now come out of the other side

Read Full Article

Pound falls vs Swiss Franc following UK Construction Data (Tom Holian)

Pound falls vs Swiss Franc following UK Construction Data (Tom Holian)

The Pound has slipped vs the Swiss Franc this morning following the release of British construction data published earlier on this morning. The data was lower than expected and came to its slowest growth since September as uncertainty surrounding future plans regarding what will happen with the Brexit talks. The Pound has however seen some gains vs the CHF over the last few months as the tone of the Brexit appears to be softening at the moment. There are also rumours that the Bank of England may be considering hiking interest rates later on this year with a 50% chance of this happening in May

Read Full Article

Will the Pound continue to fall versus the Swiss Franc? (Joseph Wright)

Will the Pound continue to fall versus the Swiss Franc? (Joseph Wright)

Since August begun the appetite for risk has lessened within global financial markets, and this has unsurprisingly resulted in CHF strength. When compared with the Pound

Read Full Article

Will GBPCHF improve towards the end of the year (Dayle Littlejohn)

Will GBPCHF improve towards the end of the year (Dayle Littlejohn)

Yesterday Ian McCafferty one of the current eight voting members of the Monetary Policy Committee from the Bank of England, gave another hawkish press conference in

Read Full Article

Will the Pound fall as the Brexit formally begins? (Joseph Wright)

Will the Pound fall as the Brexit formally begins? (Joseph Wright)

At the time of  writing the pound is trading much closer to it’s annual low against the Swiss Franc than it’s annual high, and for reason

Read Full Article

Pound to Swiss Franc exchange rates provide strong beginning to the week (Joshua Privett)

Pound to Swiss Franc exchange rates provide strong beginning to the week (Joshua Privett)

Pound to Swiss Franc exchange rates have enjoyed a strong boost to begin the week, after what had been a disheartening end to the week for

Read Full Article

Will 1.20 be tested again on GBP/CHF? (Joseph Wright)

Will 1.20 be tested again on GBP/CHF? (Joseph Wright)

Sterling has fallen as low as 1.1565 against the Swiss Franc within the last 52 weeks according to come sources, with the ‘flash crash’ being the

Read Full Article

The impact of the US Presidential election on the Swiss Franc (Dayle Littlejohn)

The impact of the US Presidential election on the Swiss Franc (Dayle Littlejohn)

Last night was the first televised debate between Hilary Clinton and Donald Trump. The general reaction is that Hilary got the upper hand and came out

Read Full Article

Get in touch

Swiss Franc Exchange Rates