Tag "Selling Swiss Francs"

Sterling gains on BoE rate hopes, will we see the Pound recover back to May’s levels? (Joseph Wright)

Sterling gains on BoE rate hopes, will we see the Pound recover back to May’s levels? (Joseph Wright)

The Pound has gained roughly around 1% against the Swiss Franc this week, making the prospect of buying Swiss Francs with Pounds a more attractive prospect. The Pound to Swiss Franc rate has quite some distance to climb before reaching its May highs of 1.30+, but the currency was helped this week after the Bank of England surprised financial markets on Thursday during the Monetary Policy Committee’s interest rate decision. Almost half of the voting members of the BoE’s Monetary Policy Committee voted in favour of raising interest rates. This was the first time they’ve been this bullish since 2007, ten years ago. The most likely

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How was the election affected the Pound vs the Swiss Franc? (Tom Holian)

How was the election affected the Pound vs the Swiss Franc? (Tom Holian)

The Pound to Swiss Franc exchange rate has continued to fall over the last few days when initial exit polls came out on election night which suggested that the final result would end up with a hung parliament with no party able to form a majority government. The exit polls were in this case expertly predicted and the Conservatives were unable to form a majority government and as of yet the Tories have not yet been able to form a majority government with the DUP. The Queen’s Speech has also been delayed which was originally planned to take place next Monday. When a hung parliament happened

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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 surrounding the UK’s situation moving forward is weighing on sentiment and the Pound’s value. and has fallen over 2% since the election result last week. The relationship between the Pound and the Swiss Franc is interesting as investors tend to magnate towards currencies like the Swiss Franc in times of uncertainty, as the currency is considered a safe haven currency. Therefore in times as political uncertainty within Europe such as now, we could see the Pound continue to weaken

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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, the 3rd in the last 3 months. As dreadful as it may sound the financial markets appear to have become more accustomed to these types of events and despite the weekends dreadful attacks over the weekend, the Pound has actually climbed almost across the board of major currency pairs during today’s trading session. I expect there to be further price movements between the Pound and the Swiss Franc between now and the election this Thursday, especially if the polls

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Pound falls from recent highs vs the Swiss Franc (Tom Holian)

Pound falls from recent highs vs the Swiss Franc (Tom Holian)

The Pound vs the Swiss Franc exchange rate has fallen over the last few days after the recent UK Quarterly Inflation Report published last Thursday. Bank

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Pound rises against the Swiss Franc to 1 month high (Tom Holian)

Pound rises against the Swiss Franc to 1 month high (Tom Holian)

The Pound has made gains vs the Swiss Franc recently and this has seen the Pound hit its highest level in a month following the uncertainty

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GBP CHF ahead of Swiss Inflation Numbers (James Lovick)

GBP CHF ahead of Swiss Inflation Numbers (James Lovick)

The Swiss Franc may come under pressure tomorrow after Consumer Price Index inflation numbers are released. Inflation is expected to fall from 0.6% to 0.5% for

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GBP CHF Before Article 50 is Invoked (James Lovick)

GBP CHF Before Article 50 is Invoked (James Lovick)

The Swiss Franc continues to remain incredibly strong as it maintains its status as a safe haven currency in these uncertain economic times globally. The Swiss

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Will GBPCHF break 1.20?

Will GBPCHF break 1.20?

the pound to Swiss Franc rate has deteriorated further in the last 24 hours as uncertainty over the Brexit and economic data for the UK weigh

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GBP CHF Before UK Budget (James Lovick)

GBP CHF Before UK Budget (James Lovick)

The pound has continued to gradually slide lower against the Swiss Franc with rates for this pair falling to 1.2350. GBP CHF is particularly week on

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