Tag "sterling exchange rates"

GBPCHF rates back to near post Referendum highs!

GBPCHF rates back to near post Referendum highs!

The Swiss Franc is weaker on fading concerns over numerous international events that can make the Franc stronger. Expectations are also linked to the upcoming Swiss National Bank (SNB) interest rate decision tomorrow which could be a market mover. With their interest rate at -0.75% investors will be closely watching the rates to understand just where policy could lead in the future. The pound is currently looking stronger too which has seen GBPCHF rising, this could all change very quickly owing to a number of events. As a safe haven currency the Franc rises and falls on international sentiments to global risk. Investor attitudes to

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Will the Pound maintain its strong levels against the Swiss Franc? (Tom Holian)

Will the Pound maintain its strong levels against the Swiss Franc? (Tom Holian)

The Swiss Franc has continued to remain above 1.30 on the Interbank level during the course of this week even though the Pound is currently under a lot of pressure against a number of different currencies. Indeed, Sterling is now trading at its lowest level against the Euro in 3 months as the political uncertainty continues to weigh heavily on Sterling exchange rates. The Swiss Franc has weakened against the Pound as the US has suggested that there could be up to potentially 4 interest rate hikes during the course of this year and therefore investors are looking at moving money away from the safe

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GBP CHF Weakness Amidst Brexit Negotiaions

GBP CHF Weakness Amidst Brexit Negotiaions

The pound has come under pressure against the Swiss Franc this week as Brexit discussions intensify. The EU lead negotiator Michel Barnier is in London today to discuss the future relationship between Britain and the EU and there appears to be a big drive to try and reach a deal, for the time being anyway. The statement however from the British government this morning which has made it abundantly clear that Britain will be leaving the customs union appears to be having a negative impact on the pound. The tone coming out of the EU is that Britain now faces choices and that barriers to

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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 above 1.34 as a more upbeat outlook on Brexit has been perceived. Comments from the former Conservative Treasury Minister Jim O’Neil were particularly upbeat this week and have really been a confidence boost for the British economy despite the ongoing uncertainty over Brexit. He made clear that as global growth in the economy is picking up now, then this should be good news for the British economy which will help exports out of the UK. The Bank of England

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GBP CHF Slips after Softer UK Inflation Data

GBP CHF Slips after Softer UK Inflation Data

The pound has slipped against the Swiss Franc today after weaker UK inflation data fell slightly lower this morning which will be welcome news for the

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GBP CHF Slips from 18 Month High

GBP CHF Slips from 18 Month High

GBP CHF rates remain supported over 1.32 for the pair having slipped from the 18 month high of 1.33 on Tuesday. The pound remains on a

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Best time to buy Swiss Francs with Pounds since Brexit (Tom Holian)

Best time to buy Swiss Francs with Pounds since Brexit (Tom Holian)

The Pound has now hit its best rate to buy Swiss Francs since the Brexit vote in June 2016 as the Pound has really improved following

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Will GBPCHF remain above 1.30?

Will GBPCHF remain above 1.30?

GBPCHF has has a very volatile few weeks, principally as a result of the latest UK interest rate decision which has seen some big shifts on

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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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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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