Tag "Safe Haven"

GBPCHF rates slide on UK news and global risk events!

GBPCHF rates slide on UK news and global risk events!

The pound to Swiss Franc exchange rates has slipped to some of the lower levels in two months as concerns over the Italian political situation fuels a shift into safer haven assets like the Swiss Franc. We have also had a reduction in the interest rate forecast for the UK which is removing pressure on the Bank of England to raise interest rates and seeing the pound slightly softer. The longer-term direction for the pound to CHF rate could be towards a higher level as confidence grows over the UK’s future relations with the EU and risk appetite returns for investors, triggering a reduction in

Read Full Article

Swiss Franc losing its safe haven status?

Swiss Franc losing its safe haven status?

In recent weeks you would have through that the Swiss Franc would have benefited from trade wars and the recent military action from the West on Syria. However in fact the Swiss Franc has lost value which leads me to believe that the Swiss Franc has lost some of its ‘Safe Haven’ status. It has been the US dollar, euro and Yen that have strengthened off the back of global events. The Swiss National Bank presently run an extremely dovish monetary policy system with interest rates at -0.75 all in a bid to weaken the Franc and the weakness will certainly come as a relief.

Read Full Article

Pound to Swiss Franc rate climbs to a 22-month high, will GBP/CHF continue to climb?

Pound to Swiss Franc rate climbs to a 22-month high, will GBP/CHF continue to climb?

The Pound to Swiss Franc rate has been boosted recently, mostly owing to CHF weakness but the positive sentiments surrounding the UK at the moment have also helped. Over the past week GBPCHF is up by almost 1.5% and over the past month it’s up by almost 4%. Around the middle of last month Sterling was boosted across the board of major currencies after news broke that the Brexit transitional deal has been agreed between the UK and EU negotiators. Hopes of an interest rate hike next month are also increasing the Pounds value which is one of the reasons for the boost to GBP/CHF.

Read Full Article

Will a pick up in the Swiss economy result in a stronger Swiss Franc?

Will a pick up in the Swiss economy result in a stronger Swiss Franc?

The relationship between strong economic performance and a stronger underlying currency is somewhat skewed in regards to the Swiss Franc, as the currency is often considered a safe haven and investors pile money into the currency for a number of varying reasons. Our regular readers will be aware that in times of market uncertainty and increased risk, the Swiss Franc will often benefit as CHF and JPY see an influx of funds during these times due to their safe haven status. This can at times skew the true value of the currency, and the Swiss National Bank often acts to ensure the currency doesn’t fluctuate

Read Full Article

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

Read Full Article

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

Read Full Article

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

Read Full Article

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

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

Read Full Article

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

Read Full Article

Get in touch

Swiss Franc Exchange Rates