Tag "forecast"

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

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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

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Would tighter currency control regulations substantially boost the Swiss Francs value? (Joseph Wright)

Would tighter currency control regulations substantially boost the Swiss Francs value? (Joseph Wright)

Currency manipulation is becoming a hot topic now that Donald Trump has been inaugurated as the US President. Followers of his social media accounts will be aware of his criticism’s of a number of countries for artificially weakening their currency’s in order to remain competitive on a global scale, and recently his attention has been on the Eurozone and how Germany is benefiting from the weaker Euro. It likely that sooner or later CHF will hit the headlines the Swiss National Bank works particularly hard to ensure the Swiss Franc doesn’t become vastly overvalued. Due to the Swiss Franc’s status as a safe haven currency

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Will GBPCHF fall into the teens? (Dayle Littlejohn)

Will GBPCHF fall into the teens? (Dayle Littlejohn)

Since the UK public decided to vote out of the European Union GBPCHF exchange rates have dropped 22 cents. To put this into monetary value a 200,000 Swiss Franc purchase now costs an extra £26,000 and I believe buying the Franc is going to get more expensive next week. The Bank of England are set to release their latest interest rate next Thursday. Many economists are predicting further cuts potentially to 0%. When a central bank cuts interest rates it entices investors to move their assets out of that currency and into another currency that provides a higher yield. Personally I believe there is a

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Will Sterling’s recovery versus the Swiss Franc fizzle out? (Joseph Wright)

Will Sterling’s recovery versus the Swiss Franc fizzle out? (Joseph Wright)

The GBP/CHF currency pair is difficult to predict at the moment with a number of factors potentially affecting it. With the Swiss Franc being a safe

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GBPCHF rates rise on Remain prospects!

GBPCHF rates rise on Remain prospects!

The big driver on the GBPCHF exchange rate at the moment is the uncertainty over just what will happen next with the EU Referendum, this is

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Best time in 6 months to sell CHF for GBP!

Best time in 6 months to sell CHF for GBP!

Recent GBP weakness has presented the best time in 6 months to sell CHF for GBP. The expectation is that this will continue since sterling appears

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Sterling Could be in for a Rough Ride against CHF (Daniel Johnson)

Sterling Could be in for a Rough Ride against CHF (Daniel Johnson)

There are several reasons for Sterling’s decline against the Swiss Franc. There has been a drop from 1.49 in mid December to the 1.43s which is

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GBP/CHF rates lose ground from yesterday (Joshua Privett)

GBP/CHF rates lose ground from yesterday (Joshua Privett)

Sterling’s rally yesterday after a recent string of poor news has evaporated by morning. GBP/CHF rates are now back below 1.45 as Sterling moves back to

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Swiss Franc forecast is here -Keep checking back for regular updates!

Swiss Franc forecast is here -Keep checking back for regular updates!

Swiss Franc forecast is here and we will be giving you regular updates on Swiss Franc exchange rates. Keep checking back here and we will ensure

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