Brexit continues to put pressure on GBPCHF exchange rates (Dayle Littlejohn)

Within the last 72 hours there has been significant developments in regards to Brexit. UK Prime Minister Theresa May has announced she will begin the process of withdrawing from the EU by March 2017. Furthermore Chancellor Phillip Hammond addressed the public yesterday and announced that the UK have a tough time ahead because of the Brexit and he expects business confidence to be up and down. He went on to exclaim his aim will to be to priortise building new homes and improving transport and not to ‘balance books’ like former Chancellor George Osbourne.

This week Switzerland are set to release their latest Consumer Price Index numbers, also known as inflation. A slight rise is expected therefore we would see the Swiss Franc benefit. If I were buying Swiss Franc’s this week I would trade as soon as possible. If you are not a client of ours getting in touch and registering takes a matter of minutes and therefore you could be trading shortly after.

The currency company I work for enables me to buy and sell CHF at rates better than other brokerages and high street banks. If you are trading GBPCHF feel free to email me with the reason for your trade (company invoice, buying a property) and your timescales, I will then email you with my forecast and the process of using our company drl@currencies.co.uk. Alternatively if you would like to discuss your requirements over the phone call 01494-787478 and ask to be put through to Dayle Littlejohn

** If you are already using a brokerage and would like a comparison this will take you 2 minutes and could save you a considerable amount of money! **