GBP/CHF gearing up for Theresa May’s speech at 11:45 GMT (Joshua Privett)

The Pound has been subjected to a heavy amount of pressure as we progress further into 2017, with GBP/CHF rates being one of the heaviest losers. The pairing is now trading at a similar level to GBP/USD levels below the 1.22 mark. Their is an enjoyable symmetry between the two from an analysts point of view. Both are well regarded as safe-haven currencies, and in this time of increased uncertainty, both have almost the exact same value in the marketplace against the likes of the...

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 happening with the uncertainty caused by when Article 50 will be triggered. Article 50 has been debated in the House of Lords and a challenge concerning the rights of Europeans living in the UK has been brought by the Lords. They want to keep the rights of European citizens living in the UK and protect the rights of those...

GBP/CHF Rates Spike Following US Election Results! (Matthew Vassallo)

GBP/CHF rates spiked by almost two cents during Wednesday’s trading, providing those clients holding Sterling with some of the best rates they’ve seen in the past few weeks. This move came following confirmation that Donald Trump had won the race for the White House, news which sent shockwaves through the market. How the outcome will affect the global markets is difficult to analyse at this point but could yesterday’s positive spike indicate better times ahead for the Pound? Whilst there is no direct correlation between the...

Will GBPCHF sink to new lows?

GBPCHF is likely to come under further pressure in the coming weeks as we learn of new developments in UK economic data and we learn too of new developments in the Brexit situation. Most expectations are skewed towards further negativity on the part of the UK, some commentators have suggested the UK will now enter a gentle period of decline with business putting the brakes on investment and consumers waiting to see what happens. Whilst this hasn't really yet manifested on the rates or...

Will GBPCHF rise back above 1.25?

If you are looking to buy Swiss Francs with the pound the coming weeks could prove very interesting to see just how sterling to Franc rates react following a shift in sentiments towards the currency pairing. Overall there is a belief that the rate will struggle to hold firmly above 1.25 since there remain a number of global events which seem likely to trigger a move lower. If you need to make a transfer buying or selling the Franc then making plans in advance...

GBP/CHF rates lose ground from yesterday (Joshua Privett)

Sterling's rally yesterday after a recent string of poor news has evaporated by morning. GBP/CHF rates are now back below 1.45 as Sterling moves back to where the week began. There is no explicit data released to explain this move. Frankly, the same background forces which are weakening the Pound and therefore making the Swiss Franc more expensive to buy. Concerns about flooding in the North and West of the country have been compounded by the sudden cold snap which is making relief efforts slower and...

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...

GBPCHF rises to over 1.25!

The pound is higher against the Swiss Franc as we finally get some clarity over just what Brexit means. The pound was initially expected to fall but contrary to popular expectation it found favour as Theresa May finally delivered some clarity over just what Brexit means. Most analysts are expecting sterling  will come under pressure again, in some respects this is just the beginning of what is going to be a long journey. I think if you are buying Francs in the short term...
Pound to Swiss Franc Forecast: GBP/CHF rate hits near 1-year high

Swiss Franc to have a positive end to the week vs the Pound

The Pound has remained fairly range bound against the Swiss Franc during the last couple of weeks as the markets appear to adopting a wait and see approach as to what might happen in the medium to long term. The Pound fell marginally during this time after the Bank of England once again decided to keep interest rates on hold at a split of 7-2 in favour of keeping the rates the same. Over the next couple of days there is limited data published both here...
GBPCHF Exchange Rates Reach Highest Levels Since Mid-March

Sterling continues recovery as positive sentiment increases (Joseph Wright)

The Pound has continued to climb against the majority of major currency pairs in recent weeks, as there appears to be a complete change in sentiment towards the UK economy and the prospects of a higher valued Pound. Towards the back end of last year Sterling was under pressure as poor economic performance coupled with fears of a Hard Brexit dominated financial headlines, although the sentiments seem to have reversed in recent weeks with the Pound hitting the headlines for positive reasons. EU members such as...