Pound to Swiss Franc outlook CHF continues to test highs against major currencies as global tensions rise

CHF makes gains against Sterling

The Pound has suffered against the Swiss Franc of late, but Sterling still remains only two cents below the highest levels in 18 months. I think this can be put more down to Sterling weakness than Swiss Franc strength. Could Bank of England rate hike now be off the cards? A rate hike from the Bank of England (BoE) in May was largely factored into the exchange. Unfortunately following a host of poor data releases, including the worst GDP figures in five years it seems as...

CHF Forecast – SNB Concerned That the CHF Remains Overvalued

The Swiss economy stabilised during April, curbing any further downturn after March’s dip. The CHF itself has remained fairly stable throughout and continues to trade around 1.3550 against Sterling. Despite an upturn in economic output the Swiss National Bank (SNB) still feel the CHF is overvalued and as such restricting Swiss exports. This in turn is putting unnecessary strain on their economy and with the SNB keen to see the CHF’s value dip, do not be surprised if the CHF’s value starts to fall over the coming...

Swiss Franc continues to soften, will next week bring further losses for CHF?

Those of our readers planning on buying Swiss Francs in the short-term future are seeing improving rates on almost a daily basis at the moment. The Swiss National Bank has had a job on its hands as in the eyes of many, the Swiss Franc has been overvalued for some time now. Due to the currency's status as a safe haven currency investors tend to pool their funds into CHF in times of market uncertainty. Over the years this has presented a problem for the SNB,...
Pound to Swiss Franc rates: UK housing price growth hits 6 year low

Will GBPCHF hit 1.40 or 1.30 first?

The pound to Swiss Franc rate has traded in a fairly tight range this week as a lack of any new fresh information to drive financial markets so far. A major driver for the Franc has been risk-sentiment as investors attitudes to risk shape the way they look at investing in certain currencies. As a safe-haven investment, the Swissie has been stronger and weaker according to such demands. Lately, the pound has been very strong helping drive GBPCHF to the post-Referendum highs, now we are...
GBP to CHF Rate: Sterling Supported Against the Swiss Franc as Boris Johnson's Health Improves

GBP CHF Slides after Mark Carney Comments

The Swiss Franc has weakened considerably against the pound over the last week with rates for this pair breaking through 1.38 yesterday. There has been a sustained rally in the price of sterling on a perceived better outlook on Brexit over these last few weeks. The second round of negotiations have been completed which allows for a transitional period and for trade to continue in much the same way as it has been. The negotiations have re-opened this week and this third round will...

Best rates to buy Swiss Francs since 2016!

We currently have the very best rates to buy Swiss Francs since the Referendum as confidence over the future outlook on Brexit continues to drive sterling. A weaker Franc is also part of the equation as we see risk appetite increasing in recent weeks, the overall driver on the market is now reduced fears over the Trade Wars and increased improvements in the global economic outlook. If you have any currency transfers that you will need to make in the future getting the best news...
Pound to Swiss franc forecast - Brexit impasse means a fragile pound

GBPCHF rates back to near post Referendum highs!

The Swiss Franc is weaker on fading concerns over numerous international events that can make the Franc stronger. Expectations are also linked to the upcoming Swiss National Bank (SNB) interest rate decision tomorrow which could be a market mover. With their interest rate at -0.75% investors will be closely watching the rates to understand just where policy could lead in the future. The pound is currently looking stronger too which has seen GBPCHF rising, this could all change very quickly owing to a number of...

Will a pick up in the Swiss economy result in a stronger Swiss Franc?

The relationship between strong economic performance and a stronger underlying currency is somewhat skewed in regards to the Swiss Franc, as the currency is often considered a safe haven and investors pile money into the currency for a number of varying reasons. Our regular readers will be aware that in times of market uncertainty and increased risk, the Swiss Franc will often benefit as CHF and JPY see an influx of funds during these times due to their safe haven status. This can at times skew...
GBP to CHF remains buoyant at higher levels over the week

Risk sentiments key to GBPCHF exchange rates

The pound to Swiss Franc exchange rate has been volatile this week as markets get closer to understanding fresh news and information on global elements that could move the the Swiss Franc. Examples include the Trade Wars threatened by the US which could see the Swiss Franc rise in value since it is a safe haven currency. Other elements in the FX market are the news pieces from the Korean peninsula which tells us that the North and South are under discussions to negotiate better...
Brexit vote to dominate Pound to Swiss Franc exchange rates

GBP/CHF has a busy day as 1.30 fails to act as a resistance, will...

Sterling has performed well today against all major currency pairs, with its performance against the Swiss Franc being one of the stand out performers. In this morning's trading session the Pound received a boost after it emerged that the UK's services sector is in good health after the PMI figures hit 54.5 in February which is a lot better than the 53.3 expectations. On Friday the UK's Prime Minister, Theresa May gave a Brexit related speech which has failed to stimulate the markets as the pound...