Tag "Sterling forecast"

Will GBPCHF rise back above 1.25?

Will GBPCHF rise back above 1.25?

If you are looking to buy Swiss Francs with the pound the coming weeks could prove very interesting to see just how sterling to Franc rates react following a shift in sentiments towards the currency pairing. Overall there is a belief that the rate will struggle to hold firmly above 1.25 since there remain a number of global events which seem likely to trigger a move lower. If you need to make a transfer buying or selling the Franc then making plans in advance is sensible since this pair can quickly take an unexpected turn. Please contact me Jonathan on jmw@currencies.co.uk for an overview. The

Read Full Article

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 of the major currencies when interest rates are currently in minus territory (-0.75%). Higher interest rates tend to strengthen the currency as investors can receive higher interest on their assets. Switzerland is known as a safe haven currency which means international investors want to leave their assets (normal large amounts) within the country as they believe the value will not depreciate, even thought Banks essentially charge their clients to hold their money. The currency company I work for is

Read Full Article

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

Read Full Article

GBPCHF breaks the 1.30 but quickly falls back!

GBPCHF breaks the 1.30 but quickly falls back!

The pound to Swiss Franc rate has broken 1.30 this week as sterling has risen and investors confidence over the outlook for politics in the Eurozone increased. The election of Emmanuel Macron has removed the uncertainty over the increase in Europe of right-wing parties which could have threatened the government. The overall belief is that we are in a much better position for the Swiss Franc as confidence increases over the global The market is now looking towards the French regional elections in June as trigger points to further volatility on safe haven currencies like the Swiss Franc. The Franc as a safe haven currency

Read Full Article

Best rates to buy Swiss Francs with pounds in 2017!

Best rates to buy Swiss Francs with pounds in 2017!

Despite some questionable economic data and worries over the Brexit the pound has risen to fresh highs against the Swiss Franc. The overall expectation for sterling

Read Full Article

Is the Swiss Franc still a safe haven?

Is the Swiss Franc still a safe haven?

The Swiss Franc has always been framed as a safe haven currency, one that in terms of economic or political uncertainty is an investors ‘go-to’ to

Read Full Article

Will GBPCHF rates rise or fall?

Will GBPCHF rates rise or fall?

The expectation is for the pound to push higher in the coming weeks as Article 50 is triggered but this might only be short-lived. If you

Read Full Article

Problems ahead for the SNB (Dayle Littlejohn)

Problems ahead for the SNB (Dayle Littlejohn)

Today Switzerland released their Consumer Price Index (inflation) numbers for February and the numbers impressed showing the prices of goods were on the rise. The numbers

Read Full Article

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

Read Full Article

What can we expect on GBPCHF this week?

What can we expect on GBPCHF this week?

The pound to Swiss Franc rate has been in the main driven by sterling weakness which is weighing on the performance of the pound which has

Read Full Article