Tag "GBP CHF"

GBP CHF Rates Under Pressure Before Theresa May Speech on Saturday

GBP CHF Rates Under Pressure Before Theresa May Speech on Saturday

The Swiss Franc has found continued support this week after the markets continue to monitor developments from the financial market volatility seen at the beginning of last week which saw US stock markets fall sharply. UK and Asian markets also saw sudden losses as the threat of higher inflation has already become of concern for future economic growth. Higher inflation around the world will squeeze incomes and this is likely to result in lower spending. The Swiss Franc has seen a rise in its value due to its safe haven status and normally performs well in times of global uncertainty. GBP CHF is currently sitting

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Will next week bring change for the GBP to CHF pair? (Joseph Wright)

Will next week bring change for the GBP to CHF pair? (Joseph Wright)

Sterling has been struggling for direction over the past week, after a number of mixed signals have resulted in a directionless Pound. It’s been trading within a pretty straightforward range against most major currency pairs recently, and after positive comments from the Bank of England regarding monetary policy last week. Interest rate hikes from the Bank of England this year were looking a lot more likely after the governor of the BoE, Mark Carney last week stated that the BoE may need to begin raising rates much sooner than expected after an unexpected pick up in the global economy coupled with high inflation levels in

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GBP CHF Falls Below 1.30

GBP CHF Falls Below 1.30

The pound has fallen dramatically against the Swiss Franc with rates for GBP CHF falling to below 1.30 once again. The Swiss Franc has seen a surge in its value after this week’s financial market volatility which started on Monday. The stock market crash in the US which fell by 4.6% on Monday has created volatility for all of the major currencies as wee as global equities. The Swiss Franc which is a safe haven currency generally performs well when events like this happen. The fact that Asian markets fell further this morning would suggest that there is still a great deal of uncertainty and

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GBP CHF Weakness Amidst Brexit Negotiaions

GBP CHF Weakness Amidst Brexit Negotiaions

The pound has come under pressure against the Swiss Franc this week as Brexit discussions intensify. The EU lead negotiator Michel Barnier is in London today to discuss the future relationship between Britain and the EU and there appears to be a big drive to try and reach a deal, for the time being anyway. The statement however from the British government this morning which has made it abundantly clear that Britain will be leaving the customs union appears to be having a negative impact on the pound. The tone coming out of the EU is that Britain now faces choices and that barriers to

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GBP CHF Slips Back from 1.33

GBP CHF Slips Back from 1.33

GBP CHF exchange rates have found support after what has been a steady week for the pound. Despite choppy trading the pound has been trying to

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Sterling continues recovery as positive sentiment increases (Joseph Wright)

Sterling continues recovery as positive sentiment increases (Joseph Wright)

The Pound has continued to climb against the majority of major currency pairs in recent weeks, as there appears to be a complete change in sentiment

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Sterling strengthens against CHF (Daniel Johnson)

Sterling strengthens against CHF (Daniel Johnson)

GBP/CHF in Detail Sterling has made consistent gains against the Swiss Franc over the last week and now sits at a yearly high of 1.34. These

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GBP CHF Breaks Back Over 1.34

GBP CHF Breaks Back Over 1.34

GBP CHF rates have surged higher this week after what has been a uncertain start to 2018 for sterling exchange rates. GBP CHF has moved higher

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Could the upward trend for the Pound continue through 2018? (Joseph Wright)

Could the upward trend for the Pound continue through 2018? (Joseph Wright)

Those following the Pound to Swiss Franc exchange rate will be aware that the Pound has been climbing for a some time now. I think that

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GBP CHF Slips after Softer UK Inflation Data

GBP CHF Slips after Softer UK Inflation Data

The pound has slipped against the Swiss Franc today after weaker UK inflation data fell slightly lower this morning which will be welcome news for the

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