Tag "currency exchange"

Brexit Looming – Where Next for GBP/CHF Exchange rates? (Matthew Vassallo)

Brexit Looming – Where Next for GBP/CHF Exchange rates? (Matthew Vassallo)

With the UK’s Brexit looming on the horizon (assuming there are no delays by the House of Lords), many clients are now questioning which direction GBP/CHF rates will take over the coming weeks and months? My personal view is that whilst the Pound has gained something of a foothold over recent days, with a move towards 1.26 today, I would not be gambling on a major spike from the current levels. Sterling is still fighting an uphill battle, with investor confidence in the UK remaining fragile at best. I certainly feel that the current uncertainty surrounding the UK’s exit from the EU and how the

Read Full Article

GBPCHF rises to over 1.25!

GBPCHF rises to over 1.25!

The pound is higher against the Swiss Franc as we finally get some clarity over just what Brexit means. The pound was initially expected to fall but contrary to popular expectation it found favour as Theresa May finally delivered some clarity over just what Brexit means. Most analysts are expecting sterling  will come under pressure again, in some respects this is just the beginning of what is going to be a long journey. I think if you are buying Francs in the short term current rates above 1.25 are well worth considering although longer purchasers might be more interested to target a higher price. Most

Read Full Article

Sterling on the Ropes Following Theresa May’s Comments! (Matthew Vassallo)

Sterling on the Ropes Following Theresa May’s Comments! (Matthew Vassallo)

Sterling is on the ropes following Brexit comments made by UK Prime Minister Theresa May over the weekend. It’s been a tough day’s trading for any clients holding the Pound with losses against all of the  major currencies. GBP/CHF rates have dropped by a cent and a half with the pair now trading in the mid 1.23’s, following the high of 1.24765. UK Prime Minster has increased market fears surrounding the UK’s upcoming exit from the EU, as she stated the UK would look towards a “hard Brexit”, which ultimately means that we will be cutting near all ties with the EU. This has caused

Read Full Article

GBP/CHF Rates Drop Ahead of Christmas Slowdown (Matthew Vassallo)

GBP/CHF Rates Drop Ahead of Christmas Slowdown (Matthew Vassallo)

GBP/CHF rates have dipped over the past week, as the markets start to slowdown ahead of the Christmas period. Market trends become harder to predict at this time of year, due to the fact there is less capital injected by investors. Less liquidity ultimately equals less stability and the Pound may be suffering due to investors pulling their funds away from it and into safer haven currencies such as the CHF. Sterling had moved through 1.29 only a few days ago before retracting to the current levels of 1.2650, providing those clients holding CHF with a window of opportunity before the markets shut for Christmas

Read Full Article

Where next for Pound to Swiss Franc exchange rates?

Where next for Pound to Swiss Franc exchange rates?

Sterling has made steady gains against the Swiss Franc over the past month and although the spike has levelled this week, the Pound has certainly gained

Read Full Article

GBP/CHF Rates Fall as Brexit Timetable is Confirmed (Matthew Vassallo)

GBP/CHF Rates Fall as Brexit Timetable is Confirmed (Matthew Vassallo)

GBP/CHF rates have fallen slightly this week with the pair now trading around 1.2750, having started the week above 1.29 on the exchange. Sterling has come

Read Full Article

Sterling Making Steady Gains Against the CHF (Matthew Vassallo)

Sterling Making Steady Gains Against the CHF (Matthew Vassallo)

Sterling has made steady gains against the CHF over the past month, in line with improvements made against other major currencies. The Pound has benefited from

Read Full Article

Get in touch

Swiss Franc Exchange Rates