Tag "GBPCHF exchange rates"

Where next for the Swiss Franc? (Tom Holian)

Where next for the Swiss Franc? (Tom Holian)

Sterling vs the Swiss Franc has once again fallen during today’s trading session as the Pound has had another appalling day against all major currencies. The Pound has fallen the most against the Swiss Franc as the Brexit woes continue to weigh heavily on the Pound. The uncertainty caused by what is happening in North Korea has also helped to strengthen the Swiss Franc as often when we see geopolitical uncertainty this helped to strengthen the Swiss Franc vs the Pound. Tomorrow morning the Eurozone announces the latest set of Services PMI as well as Retail Sales. Clearly Switzerland is not part of the Eurozone

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Pound loses almost a cent and half after BoE comments, will Sterling continue to struggle this year? (Joseph Wright)

Pound loses almost a cent and half after BoE comments, will Sterling continue to struggle this year? (Joseph Wright)

Sterling tumbled against most major currency pairs today, and especially against safe haven currencies such as the Swiss Franc. The Pound dipped as soon as it was announced that interest rates will remain unchanged and the voting pattern has become less bullish in favour of a rate hike, as inflation levels have eased slightly in recent weeks. The Bank of England also adopted a cautious tone and cut its growth forecast for the UK economy in 2017 from 1.9% down to 1.7%. Mark Carney, a very important figure as he’s the governor of the Bank of England also warned of the risks of Brexit, and

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Further Swiss Franc strength ahead? (Tom Holian)

Further Swiss Franc strength ahead? (Tom Holian)

The Pound was recently testing levels of almost 1.30 to buy Swiss Francs which was the best rate to buy Swiss Francs with Pounds in months. However, in the last week we have seen the GBPCHF exchange rate fall after the recent issue of rising inflation in the UK. With just over 2 weeks to go before the UK’s general election the Pound has been struggling with the uncertainty as to what may happen when the UK goes to the polls. The strong likelihood is that the Conservatives will win as there does not appear to be any obvious opposition and already demonstrated with the

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How will Article 50 impact Swiss Franc against Sterling? (Tom Holian)

How will Article 50 impact Swiss Franc against Sterling? (Tom Holian)

With just a few days to go before Article 50 is triggered the currency markets are waiting with baited breath for what may happen to the value of the Pound against all major currencies including against the Swiss Franc. Yesterday we saw a brief respite for the Pound vs the Swiss Franc with the release of much better than expected Retail Sales. The figures for month on month showed a difference from 0.4% to 1.4% and this saw an impressive rise in Sterling. However, already this morning the gains seen yesterday have already disappeared as the focus will return to the political landscape in the

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Will the Pound recover against the Swiss Franc? (Tom Holian)

Will the Pound recover against the Swiss Franc? (Tom Holian)

Sterling vs the Swiss Franc has been climbing recently as the Brexit talks appear to be going the right way at the moment. The talks are

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Rate to buy Swiss Francs with Sterling waiting for Brexit White Paper (Tom Holian)

Rate to buy Swiss Francs with Sterling waiting for Brexit White Paper (Tom Holian)

Sterling vs the Swiss Franc exchange rate remains tentative this morning with the release of the Brexit strategy due to come out later today. A white

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Sterling vs Swiss Franc continues to fall as UK economy looks set to struggle (Tom Holian)

Sterling vs Swiss Franc continues to fall as UK economy looks set to struggle (Tom Holian)

According to Bank of England deputy governor Ben Broadbent the drop in the value of Sterling has helped to stop the UK economy from falling further since

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GBPCHF rates trading above 1.40 (Tom Holian)

GBPCHF rates trading above 1.40 (Tom Holian)

GBPCHF exchange rates have been trading either side of 1.40 this week and at the moment not sure of the next direction. The next big event

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Sterling vs Swiss Franc exchange rates moves in upwards direction (Tom Holian)

Sterling vs Swiss Franc exchange rates moves in upwards direction (Tom Holian)

Sterling vs the Swiss Franc has continued to move in an upwards direction during the course of this week in the run up to the ECB’s interest

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