Tag "Tom Holian"

GBPCHF exchange rates fall below 1.30 but for how long? (Tom Holian)

GBPCHF exchange rates fall below 1.30 but for how long? (Tom Holian)

The Pound has remained in a fairly tight range against the Swiss Franc as we begin the week with little economic data due out today. Tomorrow morning brings with it the latest UK inflation data for both month on month and year on year. Inflation has been a hot topic for the UK and as inflation has been much higher than the government’s target for a long time then the Bank of England had no choice but to increase interest rates towards the end of last year to bring interest rates back up to where they were pre-Brexit. With inflation continuing to remain high I

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Pound falls vs Swiss Franc following UK Construction Data (Tom Holian)

Pound falls vs Swiss Franc following UK Construction Data (Tom Holian)

The Pound has slipped vs the Swiss Franc this morning following the release of British construction data published earlier on this morning. The data was lower than expected and came to its slowest growth since September as uncertainty surrounding future plans regarding what will happen with the Brexit talks. The Pound has however seen some gains vs the CHF over the last few months as the tone of the Brexit appears to be softening at the moment. There are also rumours that the Bank of England may be considering hiking interest rates later on this year with a 50% chance of this happening in May

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Sterling close to pre-Brexit levels against the Swiss Franc (Tom Holian)

Sterling close to pre-Brexit levels against the Swiss Franc (Tom Holian)

The Pound is now once again trading just shy of the best rate to buy Swiss Francs since the Brexit vote held in June 2016 which is great news for anyone looking to convert Sterling at the moment. The Pound is now trading at an 18 month high vs the US Dollar and the trend is similar to what is happening vs the Swiss Franc as well. With the US Dollar being sold off at the moment the same appears to be happening with the Swiss Franc hence the current bout of weakness. It appears as though there is an increased investor risk appetite on

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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 the positive news surrounding the latest Brexit topic. Rumours are increasing that the UK are trying to agree figures with the EU with the divorce bill of approximately €50bn and if this can be agreed at some point we could see further gains for Sterling exchange rates against all major currencies including vs the Swiss Franc. The sticking point however is the ongoing saga of what will happen with the Irish border, which is still far from being agreed.

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Pound hits best level to buy Swiss Francs since May (Tom Holian)

Pound hits best level to buy Swiss Francs since May (Tom Holian)

The Pound has hit its best rate to buy Swiss Francs since May after the Bank of England mentioned that they may be gearing up for an

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Where next for the Swiss Franc? (Tom Holian)

Where next for the Swiss Franc? (Tom Holian)

Sterling vs the Swiss Franc has once again fallen during today’s trading session as the Pound has had another appalling day against all major currencies. The

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Could the Pound fall lower against the Swiss Franc? (Tom Holian)

Could the Pound fall lower against the Swiss Franc? (Tom Holian)

The fears caused by the Brexit vote continue to negatively affect Sterling exchange rates across the board. Indeed, this is no more evident than against the

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Will the Pound fall following Wednesday’s GDP data? (Tom Holian)

Will the Pound fall following Wednesday’s GDP data? (Tom Holian)

The currency markets appear to have started to lose faith in Sterling recently as the Pound continues to struggle against the Swiss Franc. Politically the UK

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Pound falls against the Swiss Franc after MPC member comments (Tom Holian)

Pound falls against the Swiss Franc after MPC member comments (Tom Holian)

The Pound has fallen vs the Swiss Franc after two of the members of the Monetary Policy Committee spoke yesterday. Ben Broadbent has stated that he’s

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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

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