Tag "Tom Holian"

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 ‘not ready’ to raise interest rates just yet and after the 5-3 split in the announcement earlier this month the markets were expecting both him and Andy Haldane to be hawkish in their tone. The reverse happened and combined with Kristin Forbes who has left since the vote and voted for a rate hike the appetite for a rate hike looks to be diminishing very fast. This news has caused the Pound to fall to its lowest level in a

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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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Further Swiss Franc strength ahead? (Tom Holian)

Further Swiss Franc strength ahead? (Tom Holian)

The Pound was recently testing levels of almost 1.30 to buy Swiss Francs which was the best rate to buy Swiss Francs with Pounds in months. However, in the last week we have seen the GBPCHF exchange rate fall after the recent issue of rising inflation in the UK. With just over 2 weeks to go before the UK’s general election the Pound has been struggling with the uncertainty as to what may happen when the UK goes to the polls. The strong likelihood is that the Conservatives will win as there does not appear to be any obvious opposition and already demonstrated with the

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Pound breaks past 1.30 vs the Swiss Franc (Tom Holian)

Pound breaks past 1.30 vs the Swiss Franc (Tom Holian)

The Pound has made gains vs the Swiss Franc over the last few days with the Pound now having broken past 1.30 on the Interbank level. It appears as though the Pound has been boosted by what is happening politically in the UK. With the local elections showing huge support for the Tories the political scene for the UK looks the most stable in a long time and this is why the Pound is performing so well recently.  Indeed, at the moment there is no clear rivals to the Conservatives. Swiss unemployment data published earlier today showed 3.3% which was the same as expected so

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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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How will Article 50 impact Swiss Franc against Sterling? (Tom Holian)

How will Article 50 impact Swiss Franc against Sterling? (Tom Holian)

With just a few days to go before Article 50 is triggered the currency markets are waiting with baited breath for what may happen to the

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US Interest rate decision and the impact on the Swiss Franc vs Sterling (Tom Holian)

US Interest rate decision and the impact on the Swiss Franc vs Sterling (Tom Holian)

Sterling vs the Swiss Franc has fallen again as the US Federal Reserve have raised interest rates last night. This has seen the Pound fall against

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Best rate to sell Swiss Francs into Sterling since January (Tom Holian)

Best rate to sell Swiss Francs into Sterling since January (Tom Holian)

Sterling vs the Swiss Franc has fallen to its lowest level in two months as the Pound is continuing to be dragged down by what is

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Sterling still struggles against the Swiss Franc owing to Article 50 uncertainty (Tom Holian)

Sterling still struggles against the Swiss Franc owing to Article 50 uncertainty (Tom Holian)

Prime Minister Theresa May is still committed to triggering Article 50 before the end of the month in spite of what happened this week with the

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Swiss Franc news today against Sterling (Tom Holian)

Swiss Franc news today against Sterling (Tom Holian)

This week the House of Lords have been debating the issue of the Brexit bill and assuming there are no amendments made this could see a

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