Tag "Swiss Franc exchange rates"

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

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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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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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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 generally hoping for a more EU-friendly French Presidential candidate to come out on top of the first round of voting that took place this weekend. The far-right Eurosceptic candidate, Marine Le Pen will go through to the 2nd round but the likelihood of her winning now just sits at around 10%. Its the high possibility of Macron now going on to win that has bolstered the Euros value, and this same outlook has also created a sense of risk

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Swiss Franc Uncertainty on Syria Developments (James Lovick)

Swiss Franc Uncertainty on Syria Developments (James Lovick)

The Swiss Franc could be in for a particularly volatile with the recent developments in Syria and now North Korea. Both the Swiss Franc and US

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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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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

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Has GBP/CHF seen its lowest levels now that Brexit is underway? (Joseph Wright)

Has GBP/CHF seen its lowest levels now that Brexit is underway? (Joseph Wright)

The Pound to Swiss Franc exchange rate has opened up flat this morning, trading at around the 1.2385 mark at the mid-market level. With the triggering

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Swiss Franc Strength in Run up to Article 50 (James Lovick)

Swiss Franc Strength in Run up to Article 50 (James Lovick)

The Swiss Franc continues to hold the higher ground as global uncertainty continues to dominate the markets. UBS Consumption Indicator is released tomorrow morning which should

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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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Swiss Franc Exchange Rates