Tag "Safe Haven"

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 towards the UK economy and the prospects of a higher valued Pound. Towards the back end of last year Sterling was under pressure as poor economic performance coupled with fears of a Hard Brexit dominated financial headlines, although the sentiments seem to have reversed in recent weeks with the Pound hitting the headlines for positive reasons. EU members such as the Netherlands and Spain have advocated for a smooth Brexit transition, whilst hopes of a transitional trading period after

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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 after such a steep drop due to the shock of the Brexit vote 18-months ago the Pound was bound to recover eventually providing that the economy remains resilient and that’s what we’re seeing at the moment. Sterling has been recovering against most major currency pairs recently with the headlines covering the GBP to USD rate and how the pair are trading at an 18-month high. Sterling is benefiting from improved sentiment as the economy has shown some improvements and

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Pound to Swiss Franc rate remains above 1.32, but what can we expect from the pair moving forward? (Joseph Wright)

Pound to Swiss Franc rate remains above 1.32, but what can we expect from the pair moving forward? (Joseph Wright)

The Pound to Swiss Franc buying rate has remained above 1.30 since late October, and I wouldn’t be surprised to see the rate continue to climb from the current levels in my personal opinion. The global economy appears to have recovered from the crisis 10 years ago now, and with interest rates increasing within developed nations now and especially with the Fed Reserve Bank’s target’s of a further 3-rate hikes this year, I expect risk appetite to increase and for the Swiss Franc to weaken across the board of major currencies. The Swiss Franc is now around the cheapest it’s been to buy since the

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Uncertainty surrounding US Tax cuts could benefit CHF (Daniel Johnson)

Uncertainty surrounding US Tax cuts could benefit CHF (Daniel Johnson)

CHF – The Safe Haven of choice for the savvy investor The US dollar is usually the investors destination of choice if you looking to put your money into a safe haven currency. It is also offers reasonable returns due to the favorable interest rate. The Federal Reserve could well raise rates shortly according to popular opinion, with the next FED interest rate decision due on 13th December. The hike could well be factored into to current rates as the market moves on rumour as well as fact. This week however there is expected to be high volatility in any currency pair involving the green

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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

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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

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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

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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

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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

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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

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