Tag "Selling Swiss Francs"

Best rates to buy Swiss Francs since 2016!

Best rates to buy Swiss Francs since 2016!

We currently have the very best rates to buy Swiss Francs since the Referendum as confidence over the future outlook on Brexit continues to drive sterling. A weaker Franc is also part of the equation as we see risk appetite increasing in recent weeks, the overall driver on the market is now reduced fears over the Trade Wars and increased improvements in the global economic outlook. If you have any currency transfers that you will need to make in the future getting the best news and information is vital to securing a favourable rate of exchange. Understanding what is driving your exchange rate is a vital

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GBP CHF Supported on Transitional Brexit Deal

GBP CHF Supported on Transitional Brexit Deal

The pound has proven extremely resilient against the Swiss Franc with rates for the GBP CHF pair now sitting at 1.3450. GBP CHF has been given a considerable boost after the transitional agreement was reached last week between Britain and the EU which has helped support the pound considerably. The transitional deal gives Britain access to the single market for another 18 months which should prevent what has been described as a cliff edge Brexit. There are currently some much better opportunities to buy Swiss Francs although these levels may not last indefinitely. The ongoing issues surrounding Brexit which include the Irish border and financial

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Pound hits 2 month high vs the Swiss Franc (Tom Holian)

Pound hits 2 month high vs the Swiss Franc (Tom Holian)

The Pound has now hit the best rate to buy Swiss Francs with Sterling since January and is now only 2 cents from the highest level seen since the EU referendum held in June 2016. This is very good news for anyone looking to buy Swiss Francs at the moment. Indeed, the Pound has been finding a lot of support vs the Swiss Franc in recent weeks as global investors appear to be bypassing the CHF in favour of higher yielding currencies including the USD, which has seen in turn GBPCHF rates go in an upwards direction. Although not technically in the Eurozone the Swiss

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Will Theresa May’s speech benefit the Pound vs the Swiss Franc? (Tom Holian)

Will Theresa May’s speech benefit the Pound vs the Swiss Franc? (Tom Holian)

The Pound has continued to remain above 1.30 on the Interbank level at the time of writing even though Sterling has started to drop off from its recent strong levels against the Swiss Franc. Sterling exchange rates have remained in a relatively tight range during the course of this week as it appears as though investors are adopting a ‘wait and see’ approach’ when it comes to seeing what Prime Minister Theresa May will say at her speech on Friday. May will be outlining the UK’s vision for the transitional period which will take place between March 2019 and December 2020. Following a meeting with

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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

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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

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Sterling strengthens against CHF (Daniel Johnson)

Sterling strengthens against CHF (Daniel Johnson)

GBP/CHF in Detail Sterling has made consistent gains against the Swiss Franc over the last week and now sits at a yearly high of 1.34. These

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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

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GBP CHF Breaks Back Over 1.34

GBP CHF Breaks Back Over 1.34

GBP CHF rates have surged higher this week after what has been a uncertain start to 2018 for sterling exchange rates. GBP CHF has moved higher

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Where next for CHF? (Daniel Johnson)

Where next for CHF? (Daniel Johnson)

GBP/CHF – I would expect Sterling to come under pressure to wards the end of the month when Phase two of Brexit talks commence towards the

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