Tag "franc"

Euro gains on Swiss Franc as Swiss National Bank have a decision to make on rate cuts (Daniel Wright)

Euro gains on Swiss Franc as Swiss National Bank have a decision to make on rate cuts (Daniel Wright)

We have seen small gains made by the Euro against the Swiss Franc since the result of the first round of the Presidential elections in France, and indeed the Swiss Franc has generally weakened against most major currencies over the course of this week. The SNB (Swiss National Bank) have recently commented that they do have room to cut interest rates should they decide that they need to, which are currently sat at -0.75%. A lot now really depends on the next round of the French elections and should Marine Le Pen start to perform well and the Swiss Franc start to make gains once

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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

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Swiss Franc starts to gain as global fears creep into the market (Daniel Wright)

Swiss Franc starts to gain as global fears creep into the market (Daniel Wright)

The Swiss Franc has made gains against most majors this week as concerns over the referendum in the U.K and a lack of a U.S interest rate hike so far this year. The Swiss Franc is a well known safe haven currency so in times of global uncertainty it does tend to reap the benefits as investors and speculators look for a strong and fairly stable currency to store their funds in until the dust settles. I think the key matter for the markets will be the EU referendum in the U.K and the result we see from it. A leave vote may result in a drop

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Swiss Franc (CHF) to weaken in the coming weeks against Sterling? (Daniel Wright)

Swiss Franc (CHF) to weaken in the coming weeks against Sterling? (Daniel Wright)

The Swiss Franc has been a funny character of late, remaining fairly close to the pivotal point of 1.40 against Sterling and holding ground against most major currencies. Sooner or later it is likely that we will see the rate break free from the 1.40 level and in my personal opinion I feel that the rate will climb up into the 1.40s rather than drop off again. It appears that the Swiss National Bank still have devaluation on their agenda and by no means does it look like we will see any change in their current negative interest rates for the foreseeable future. We must

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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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“Brexit” Halts any Chance of Sterling Strength (Daniel Johnson)

“Brexit” Halts any Chance of Sterling Strength (Daniel Johnson)

The Pound has tumbled against the majority of major currency pairings today, a main factor in the fall is the news that TaTa Steel is selling

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Why Britain’s ‘Brexit’ Could Boost The Swiss Franc (Joseph Wright)

Why Britain’s ‘Brexit’ Could Boost The Swiss Franc (Joseph Wright)

Those holding Swiss Franc’s could benefit off the back of Britain’s political uncertainty this summer, as both market speculators as well as those looking to hedge

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Will The Pound Continue to Lose Ground against the Swiss Franc? (Daniel Johnson)

Will The Pound Continue to Lose Ground against the Swiss Franc?  (Daniel Johnson)

Sterling has lost considerable ground against the Swiss Franc of late. This is predominantly due to the political uncertainty created by the EU Referendum. I think

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Sterling crashing is creating excellent opportunities for Swiss France sellers (Joshua Privett)

Sterling crashing is creating excellent opportunities for Swiss France sellers (Joshua Privett)

Sterling has continued to be hurt on the markets as a result of the mounting problems caused by flooding, alongside rumours of a potential ‘Brexit’, which

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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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