Since Trump’s election we have seen Sterling rally against the Swiss Franc. Trump’s stance towards trade negotiations differs to that of Obama’s. He has stated trade negotiations with the UK would be swift and the US would accommodating to the UK’s needs. Theresa May played it smart by not lambasting Trump during his campaign where many other world leaders did. She knew there was the chance she may have to negotiate with him in the future.
This along with investors leaving the safe haven of the US Dollar and moving to the chronically undervalued pound has caused Sterling to rally against the Swiss Franc, which now sits at 1.2451. If you are a Swiss Franc buyer it may be wise to take advantage of current levels considering the uncertainty surrounding Brexit.
If you have a currency requirement it is crucial to be in touch with an experienced broker. The timing of your trade is vital during such volatile times, If you have an experienced broker on board he/she can keep you up to date with what is happening in the market to help you make an informed decision. Should you find our information useful and you would like me to assist with your trade I will be happy to help you personally. If you inform me of the the currency pair you are trading, volume and time scale and I will provide a free trading strategy to suit your needs. I work for one of the top brokerages in the country and as such I am in a position to better virtually every competitors rate of exchange. You would also be looking at saving anything up to 4% in comparison to high street banks. Please do get in touch by contacting me at [email protected]. Thank you for reading my blog.