Tag "franc"

Swiss Franc starts to claw back ground as investors take a shine to the safe haven currency again

Swiss Franc starts to claw back ground as investors take a shine to the safe haven currency again

The Swiss franc has been one of the poorest performers of all major currencies so far in 2018, losing roughly 5% of value against the Dollar and 3% against Sterling. It does appear though from signs this week that investors and speculators are starting to look at the currency in a more positive light, and we have seen a slight fightback as the week has progressed. Swiss economic data has been ok in recent times and although the general view is that we will not see any movement in interest rates for Switzerland until we see a move from the European Central Bank as they

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

Swiss data slightly better than expectations as we near the end of the trading week

Swiss data slightly better than expectations as we near the end of the trading week

This morning saw the release of Swiss PMI (Purchasing Managers Index) data in early morning trading, which gave the Swiss Franc a slight lift against most major currencies. PMI data is a measure of business conditions in the manufacturing sector and any figure above 50 on the measure is seen as a positive. Expectations for the release this morning were for a figure of 64.0, however the actual release came out at 65.3 which is very good news for Swiss business and the Swiss Franc, following on from a period where it hand lost a little ground against some majors. We have very little left

Read Full Article

Swiss franc losing ground against Sterling at a rapid pace Swiss Franc also shown as overvalued in the Big Mac index

Swiss franc losing ground against Sterling at a rapid pace Swiss Franc also shown as overvalued in the Big Mac index

We have recently seen quite a movement for the Swiss Franc against the Pound, mainly down to a wave of positive vibes around brexit and how the economy is performing post the referendum. Many analysts had thought that the U.K economy would have been hit a lot harder following the vote from the U.K to leave the EU however at present the dip that they had expected has been nowhere near as severe. The Swiss Franc is performing fairly well against other major currencies, hitting the highest level against the Dollar since August 2015 in a battle of the safer haven currencies. There is still

Read Full Article

Is the Swiss Franc due to weaken or will it remain firm?

Is the Swiss Franc due to weaken or will it remain firm?

The Swiss Franc has been a fairly strong character in recent years, not only being a well known safer haven for investors but also due to

Read Full Article

Swiss Franc to Pound rate getting closer to post-Brexit vote highs, will CHF become even more expensive? (Joseph Wright)

Swiss Franc to Pound rate getting closer to post-Brexit vote highs, will CHF become even more expensive? (Joseph Wright)

The best time to have converted Swiss Francs into Sterling over the past decade would have been around October of last year, when the fears surrounding

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

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,

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

Read Full Article

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

Read Full Article

Get in touch

Swiss Franc Exchange Rates