GBPCHF breaks the 1.30 but quickly falls back!

The pound to Swiss Franc rate has broken 1.30 this week as sterling has risen and investors confidence over the outlook for politics in the Eurozone increased. The election of Emmanuel Macron has removed the uncertainty over the increase in Europe of right-wing parties which could have threatened the government. The overall belief is that we are in a much better position for the Swiss Franc as confidence increases over the global The market is now looking towards the French regional elections in June as...

GBPCHF slides even further!

As the slide for the pound continues so too do we witness a slide on the GBPCHF exchange rate. Exactly where this will go is very difficult to tell but since the CHF is a safe haven currency and benefits in times of uncertainty, the likelihood is that the pairing will continue to move in one direction. It is tricky to make accurate predictions in this market but I would not be surprised to see the rate touching the lower levels of say 1.20...

GBP/CHF Rates Crash Following Poor UK Data (Matthew Vassallo)

GBP/CHF rates have crashed during Thursday’s trading, following a poor set of data for the UK. The pair dropped to a low of 1.4462, despite opening above 1.47 and continued Sterling’s poor showing since the turn of the year. What was dubbed by investors “Super Thursday” was anything but and the Pound has lost value across the board. Pressure is building and with the Bank of England (BoE) cutting growth forecasts again for the UK, I do not expect this trend to change over the...

GBP CHF Supported ahead of UK Interest Rate Decision (James Lovick)

The pound still remains on the back foot against the Swiss Franc with rates for GBP CHF sitting just below 1.25 for this pair. The pound is struggling to gain momentum against all of the major currencies as Brexit is just around the corner. The March deadline by which Theresa May has promised to invoke Article 50 and proceed with leaving the European Union is very much upon us and considerable volatility for sterling exchange rates is to be expected. A debate is taking place...
Pound finds support against the Swiss Franc but for how long?

How will the Election effect GBP/CHF? (Daniel Johnson)

Labour gains ground The Conservatives were in a very strong position following the election announcement. A snap election historically causes the currency in question to weaken, but on this occasion the opposite occurred. A Torie victory is deemed to be positive for the UK economy. Investor confidence grew and the pound strengthened as a result. With the election now closer than previously expected I would expect to see Sterling weakness due to political uncertainty. Looking at the last general election, we did not see any...
GBP to CHF remains buoyant at higher levels over the week

Swiss franc losing ground against Sterling at a rapid pace Swiss Franc also shown...

We have recently seen quite a movement for the Swiss Franc against the Pound, mainly down to a wave of positive vibes around brexit and how the economy is performing post the referendum. Many analysts had thought that the U.K economy would have been hit a lot harder following the vote from the U.K to leave the EU however at present the dip that they had expected has been nowhere near as severe. The Swiss Franc is performing fairly well against other major currencies, hitting the...

GBP CHF Maintains Support above 1.30

The Swiss Franc remains very strong due to its safe haven status amidst all the ongoing global economic and political uncertainty although it has come under new pressure and has moved away from the highest levels. Next week commences with Swiss employment data which is likely to be keenly monitored by the Swiss National Bank. On Thursday however Swiss Gross Domestic Product is more likely to have an impact on Swiss Franc exchange rates. Any improvement in the economic data is likely to lend...

GBP/CHF moves upward once again as improved risk appetites weigh on the Swiss Franc...

As risk appetite returns to currency markets and global equity indexes, the GBP/CHF will continue to act as a good benchmark for sentiment within global markets. Many of our readers will be aware of the role of the Swiss Franc and how risk adverse investors tend to pile into CHF, as well has the Japanese Yen in times of market uncertainty. That being said CHF inevitably jumped in value in the aftermath of the 'Brexit' vote, a move which shocked markets worldwide and therefore hadn't been...

Sterling rates drop – STEVE EAKINS

GBPCHF rates have been dropping recently and are expected to fall further as concerns mount about the impact of the BREXIT. The latest forecasts is that a BREXIT could result in the UK economy losing over £100 billion, hurtful for the value of Sterling. Moving forward we have the UK inflation report which is expected to show yet another fall and therefore we expect the value of the pound to fall further. If you have GBPCHF transfer to make I personally expect rates to drop further. If...
Sterling breaks 1.30 against the Swiss Franc

CHF Forecast – A Volatile Day for GBP/CHF Exchange Rates (Matthew Vassallo)

It’s been a volatile day for GBP/CHF exchange rates, with over a two cent from high to low. Sterling found plenty of support following the Bank of England’s interest rate decision and monetary policy statement this morning. As expected the central bank kept rates on hold at 0.5% and whilst there was no change in the current stimulus programme, it was governor Mark Carney’s speech that caused the markets to react. Carney was far more bullish than many anticipated and said that the central bank would look...