Tag "GBP/CHF forecast"

Will GBPCHF remain above 1.30?

Will GBPCHF remain above 1.30?

GBPCHF has has a very volatile few weeks, principally as a result of the latest UK interest rate decision which has seen some big shifts on the exchange rate. Most clients looking to buy and sell the Franc for pound have tried to capitalise on the favourable swings we have seen before and after the result. Risk sentiment and attitudes towards the global economy remain a driver on the GBPCHF which despite sterling’s weakness since yesterday, remains at some of the best levels since before the Referendum. The pound will now remain at the mercy of the latest negotiations on Brexit with the rise and

Read Full Article

Will GBPCHF rise or fall in October?

Will GBPCHF rise or fall in October?

The GBPCHF rate has been rising steadily as the pound strengthens and the Euro weakens too, which loosely influences the Franc. The Franc has relatively speaking been stronger against the Euro and pound owing to the North Korean tensions which keep threatening to rise. Thankfully the tensions do keep settling back down and this weakens the Franc but ultimately this could be a major source of volatility for the Franc. As a safe haven currency the Swiss Franc will strengthen in times of economic, political and global uncertainty. The latest North Korean tensions are a great example of such uncertainty and it is this that has continually

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 the Brexit really begun. At the time the rate hit the 1.20’s which in the reverse equates to almost 0.83 pence per Swiss Franc, and at the time of writing we’re getting closer to these levels as the current rate is just over 0.80 cents. Due to the issues between North Korea and Japan/USA there appears to be more of a demand for safe haven currencies such as CHF, as well as commodities such as Gold. The Pound has

Read Full Article

Will GBPCHF rise back above 1.25?

Will GBPCHF rise back above 1.25?

If you are looking to buy Swiss Francs with the pound the coming weeks could prove very interesting to see just how sterling to Franc rates react following a shift in sentiments towards the currency pairing. Overall there is a belief that the rate will struggle to hold firmly above 1.25 since there remain a number of global events which seem likely to trigger a move lower. If you need to make a transfer buying or selling the Franc then making plans in advance is sensible since this pair can quickly take an unexpected turn. Please contact me Jonathan on jmw@currencies.co.uk for an overview. The

Read Full Article

Swiss Franc remains strong (Dayle Littlejohn)

Swiss Franc remains strong (Dayle Littlejohn)

In the past many of my clients that are not experienced within the currency markets have asked why the Swiss Franc is incredibly strong against all

Read Full Article

Sterling continues to slide in wake of Hung Parliament, will this trend continue? (Joseph Wright)

Sterling continues to slide in wake of Hung Parliament, will this trend continue? (Joseph Wright)

The Pound is continuing its downward spiral against all major currency pairs, as today’s trading session has seen another sell-off in the Pound,s value. The uncertainty

Read Full Article

Buying Swiss Franc rates largely unchanged (Joshua Privett)

Buying Swiss Franc rates largely unchanged (Joshua Privett)

Pound to Swiss Franc exchange rates have seen a choppy day of trading but almost no net movement whatsoever, with the percentage difference on buying Swiss

Read Full Article

Pound to Swiss Franc exchange rates recover after difficult beginning to the week (Joshua Privett)

Pound to Swiss Franc exchange rates recover after difficult beginning to the week (Joshua Privett)

The slides on Pound to Swiss Franc exchange rates which have been ongoing since last Thursday, but today it seems the slide has halted. GBP/CHF rates

Read Full Article

GBP/CHF What to expect (Daniel Johnson)

GBP/CHF What to expect (Daniel Johnson)

Theresa May’s Snap Election announcement causes the Pound to rally Last week Theresa May called a snap General election due to take place on 8th June.

Read Full Article

Will the Swiss Franc suffer now that the first round of voting in the French election is over? (Joseph Wright)

Will the Swiss Franc suffer now that the first round of voting in the French election is over? (Joseph Wright)

The Swiss Franc is in low demand today after the financial markets breathed a sigh of relief. Irrespective or our readers personal beliefs the markets were

Read Full Article
1 2 3 10