Swiss Franc strengthens against Sterling (Tom Holian)

Bank of England governor Mark Carney has once again caused Sterling exchange rates to plummet vs the Swiss Franc as he has suggested that UK interest rates will continue to remain on hop until the British economy is ready.

Inflation showed a rise for the UK this morning but this has done little to strengthen the Pound.

UK unemployment data is due out in the morning and this could provide some respite for GBPCHF rates. However, I still think we’ll see further falls for the Pound towards the end of the month.

If you have to buy or sell Swiss Francs then contact me directly for a free quote. Tom Holian [email protected]