Tag "GBPCHF exchange rates"

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

Read Full Article

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

Read Full Article

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 progressing and it has been confirmed that the government will be allowed to vote on the final agreement prior to the triggering of Article 50. The Pound is still under huge pressure against all major currencies as it is still not yet clear as to whether the UK will opt for a hard or a soft Brexit. However, every time power returns to the government the Pound appears to rise so it could be argued that when Article 50

Read Full Article

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 paper is going to be published later with MPs backing the European Bill by 498 vote against 114 last night. The bill will be debated further in parliament next week although hundreds of amendments have already been suggested. Theresa May will still need the agreement  of parliament to trigger Article 50 and the content of the white paper is very similar to that given by May’s speech recently. Later today the Bank of England meet to discuss their latest

Read Full Article

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

Read Full Article

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

Read Full Article

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

Read Full Article

Get in touch

Swiss Franc Exchange Rates