Will the Swiss Franc suffer now that the first round of voting in the...
The Swiss Franc is in low demand today after the financial markets breathed a sigh of relief.
Irrespective or our readers personal beliefs the markets were generally hoping for a more EU-friendly French Presidential candidate to come out on top of the first round of voting that took place this weekend. The far-right Eurosceptic candidate, Marine Le Pen will go through to the 2nd round but the likelihood of her winning now just sits at around 10%.
Its the high possibility of Macron now going on...
Swissie holds longer term value for GBPCHF exchanges
The Swiss Franc remains strong against sterling, partly in response to the Austrian elections which have seen more far right, populist parties take share away from more conservative parties. The Franc is also strong as global uncertainties remain over North Korea and whilst sterling has fought back some ground lately, the longer term prospect for the pound remain worse than the Francs.
With interest rates in the Eurozone remaining negative it is expected as the European Central Bank (ECB) look to taper their QE program...
Pound loses almost a cent and half after BoE comments, will Sterling continue to...
Sterling tumbled against most major currency pairs today, and especially against safe haven currencies such as the Swiss Franc.
The Pound dipped as soon as it was announced that interest rates will remain unchanged and the voting pattern has become less bullish in favour of a rate hike, as inflation levels have eased slightly in recent weeks.
The Bank of England also adopted a cautious tone and cut its growth forecast for the UK economy in 2017 from 1.9% down to 1.7%.
Mark Carney, a very important...
Swiss economic data coming up next week
Following a reasonably quiet week so far for the Swiss Franc we have plenty more for investors and speculators alike to get their teeth into next week.
On Monday morning we have Employment levels for the final quarter of 2018, any deviation from the previous figure of 4.956M may lead to a volatile start to the week for the Swiss Franc.
Wednesday morning brings a trio of economic releases, with UBS consumption figures due out first and foremost, this is an indicator of private consumption trends...
Swiss Franc at 2 month high vs the Pound
The Pound has fallen to its lowest level to buy Swiss Francs in two months as the Pound continues to struggle after the Bank of England's decision to keep interest rates on hold for the foreseeable future.
About a month ago the Swiss Franc started coming under pressure against a number of different currencies after the Swiss National Bank got rid of the cap that it had previously put in place to stop the CHF from being too strong.
Many expected that the Swiss Franc may...
Could the Pound fall lower against the Swiss Franc? (Tom Holian)
The fears caused by the Brexit vote continue to negatively affect Sterling exchange rates across the board.
Indeed, this is no more evident than against the Swiss Franc which has continued to strengthen recently against the Pound.
The global geopolitical uncertainty is also rising with the threats of missile launches by North Korea and how the world will react.
The Swiss Franc if often used as a safe haven currency and at the moment this is another reason for the continued strength against the Pound and I...
Will the SNB raise interest rates?
The Swiss National Bank (SNB) could be moving forward in their process of raising interest rates according to current reports with the previous Q4 2019 hike predicted to become reality in Q3. This minor shift in expectations is positive for the Swiss Franc and gives the market some news to be targetting and assessing in deciding the value of the CHF.
With interest rates in Switzerland having been at -0.75% since January 2015, the future guidance could see the Franc strengthening as investors price up the possibility...
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...
Will the Franc break 1.30 against the pound?
The Swiss Franc has been strengthening against sterling as fears over Italy, which had previously been causing the Franc to weaken look like they might be resolved. Talk of a coalition meeting again to resolve the current problems have seen the Euro strengthen which has helped the Franc too. With a deep relationship between the Franc and the Euro, these currencies can closely track either which causes movement on GBPCHF.
I think that any further major uncertainty over what is happening could see the Franc...
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...
