Buying Swiss Franc rates largely unchanged (Joshua Privett)

Pound to Swiss Franc exchange rates have seen a choppy day of trading but almost no net movement whatsoever, with the percentage difference on buying Swiss Franc rates since the opening bell at a paltry 0.01%.

Why the quiet market? We are at the back end of the month now, with little economic news of note to be released for markets to trade on. As such, unless large political forces are at play, rates are unlikely to be shifting heavily at any one moment.

Furthermore, it could be argued that due to the escalation of threat level in the UK to critical, it is likely that more active trading on the Pound is suspended, with high street institutions cautious on buying up to hold Sterling with the likelihood for further attacks in the UK having risen. When this is downgraded I would expect normal buying activity to resume.

So seemingly in the near term little rush to engage in currency conversions but this can change very quickly and with little warning.

As such anyone with a very short-term requirement to buy Swiss Francs may be wise to contact me on 01494 787 478 and ask to be put through to Joshua to discuss a live price for your transfer and avoid being ‘last to the party’.

I have never had an issue beating the rates of exchange on offer elsewhere, so a short conversation could save you a healthy sum on your next transfer.

Anyone with a slightly longer term transfer can also contact me on [email protected] to discuss a strategy for your transfer in the run up to the election aimed at maximising your currency return.