Tag "save money"

GBPCHF exchange rates fall below 1.30 but for how long? (Tom Holian)

GBPCHF exchange rates fall below 1.30 but for how long? (Tom Holian)

The Pound has remained in a fairly tight range against the Swiss Franc as we begin the week with little economic data due out today. Tomorrow morning brings with it the latest UK inflation data for both month on month and year on year. Inflation has been a hot topic for the UK and as inflation has been much higher than the government’s target for a long time then the Bank of England had no choice but to increase interest rates towards the end of last year to bring interest rates back up to where they were pre-Brexit. With inflation continuing to remain high I

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GBPCHF close to an 18 month high

GBPCHF close to an 18 month high

Its not been a great day for the pound vs the Swiss Franc and exchange rates have dropped 0.85% however exchange rates are still close to an 18 month high. Brexit sentiment has changed in the last 3 months as the UK and EU have begun trade negotiations and its likely that a deal will be formed at some point throughout the year. This week leaders from around the globe have met in Davos, Switzerland to discuss the global economy. Exchange rates have seemed to be volatile this week when key figures speak. For example earlier in the week Angela Merkel from Germany announced she

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The best rates to buy Francs since the Referendum vote!

The best rates to buy Francs since the Referendum vote!

GBPCHF has hit its highest point since the EU Referendum vote in June 2016, 19 months ago. The interbank rate of 1.34 is providing some much need respite for CHF buyers with pounds who have been struggling with some of the lower rates since 2011. If you have a transfer buying or selling the pound for the Franc it is important to be aware of the key trends which drive this currency pairing. The outlook for the GBPCHF exchange rate could now see the pound rise even further as we get more news to help the pound and investors are less inclined to hold the Franc.

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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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EU summit to dictate GBPCHF exchange rates

EU summit to dictate GBPCHF exchange rates

Since the end of August the pound has been making inroads against the Swiss Franc and recovering from the dramatic drop in exchange rates since the

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Pound to Swiss Franc rate trading around post-Brexit vote highs, will the trend continue? (Joseph Wright)

Pound to Swiss Franc rate trading around post-Brexit vote highs, will the trend continue? (Joseph Wright)

The rate for exchanging Pounds into Swiss Francs is now trading well into the 1.32’s, which are the highest levels seen since the Pound fell dramatically

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Pound hits best level to buy Swiss Francs since May (Tom Holian)

Pound hits best level to buy Swiss Francs since May (Tom Holian)

The Pound has hit its best rate to buy Swiss Francs since May after the Bank of England mentioned that they may be gearing up for an

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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 stabilises for now, but will the election create further spikes for GBP/CHF this week? (Joseph Wright)

Sterling stabilises for now, but will the election create further spikes for GBP/CHF this week? (Joseph Wright)

The Pound has steadied this afternoon after opening the weeks trading session under pressure. The currency got off to a bad start after another terrorist attack,

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Would tighter currency control regulations substantially boost the Swiss Francs value? (Joseph Wright)

Would tighter currency control regulations substantially boost the Swiss Francs value? (Joseph Wright)

Currency manipulation is becoming a hot topic now that Donald Trump has been inaugurated as the US President. Followers of his social media accounts will be

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