How will the UK Referendum affect GBPCHF?

Most reports suggest that the pound is likely to fall on a Leave vote whilst rising on a Remain vote. I would not disagree with this analysis but of course on the currency markets there are never guaranteed outcomes. Most currencies can be impacted by events happening elsewhere and the Swiss National Bank and the Franc is no exception. A Brexit could lead to the SNB becoming more concerned about the future for relations with the EU its biggest trading partner. It might also pave...

Trade Negotiations crucial to Sterling value (Daniel Johnson)

Theresa May positive on Trade Deals One of the key factors to the value of the pound is trade negotiations following the triggering of article 50. Theresa May has a very positive attitude as to how trade deals will go. She recently stated the UK will be able to use the blue-print of up to fifty trade deals that are already in place between the EU and others. May said "It will be possible to simply cut and paste deals with countries such as South Korea,...

Pound continues to weaken following further ‘Brexit’ concerns (Joseph Wright)

The Pound has once again weakened against a basket of major currencies, and for the same reasons it was dropping on Friday. GBP now looks to be in solid state of decline as further polls indicate that the voting patterns of the UK public are swinging, and reading the news it seems like with every day that passes, the 'Brexiteers' are gaining momentum. It's looking like the exchange rate between Sterling and the Swiss Franc may have peaked at the end of May, and personally I'm...

Brexit still the main market mover on GBP/CHF (Daniel Johnson)

Exit Bill is short to say the least Thereasa May sparked controversy yesterday when she delivered an exit bill consisting of just 130 words. MPs will only have five days to amend and debate the bill. Ministers did say the bill would brief, but eight lines of text is taking the biscuit and leaves little for date. Jeremy Corbyn wasted no tome in attacking the bill and it has become apparent that he is too weak to oppose the bill as he had stated previously...

GBP/CHF Rates Rise Following UK Manufacturing Data (Matthew Vassallo)

GBP/CHF rates have jumped during the first official day of trading in 2017, with the pair hitting 1.2657 at today’s high. The Pound gained support this morning following positive UK Manufacturing data, which came in well above market expectation. This increased market confidence in the UK economy and the Pound has ultimately benefited as a result, gaining a cent on the CHF. Investors will follow economic data releases extremely closely and generally factor in the expected outcome. When we see a release outside of the expected...

GBP vs Swiss Franc falls 3 cents (Tom Holian)

Sterling vs the Swiss Franc has fallen by as much as 3 cents during today's trading session as the UK feels the effects of Boris-Gate. The Swiss Franc is often used a safe haven currency and as confidence in the Pound has plummeted this has caused the CHF to strengthen falling into the 1.38 levels today. UK GDP is due out on Thursday and any signs of further falls could see GBPCHF rates get even worse than they are at the moment. If you have a currency...

GBPCHF Sinks!

GBPCHF has slipped further and further as the pound dives and Franc soars on global uncertainty. The Franc is used by investors in times of uncertainty and despite negative interest rates investors like to hold their deposits in the Franc in anticipation of better rates down the line. WIth the pound likely to come under much further pressure due to the Referendum we are bound to see this rate continue to slide. If you are buying CHF I really would suggest moving sooner rather...

GBP/CHF Rates Move Through 1.40 (Matthew Vassallo)

The CHF lost ground against GBP during yesterday’s trading, with the pair moving back through 1.40 on the exchange. This move was not anticipated on the back of some poor data releases this week for the UK and with the recent volatility likely to continue in the build up to June’s EU referendum, I would be looking to give myself some protection if I was holding Sterling. The Pound has found life tough going of late and I do not expect any sustained support under...

Will the Pound fall following Wednesday’s GDP data? (Tom Holian)

The currency markets appear to have started to lose faith in Sterling recently as the Pound continues to struggle against the Swiss Franc. Politically the UK is still very unstable and in the weeks since the beginning of the Brexit talks they don't appear to have gone very well so far. Indeed, Sterling is still very low against the Swiss Franc and the next potential for exchange rate movement will come on Wednesday morning when the UK releases its latest set of GDP data for the...

GBP/CHF rates tumble following ECB decision (Joshua Privett)

GBP/CHF rates have taken a massive dive today following another clear example of a seriously negative events bolstering a safe-haven currency such as the Swiss Franc. In this instance, the European Central Bank decided to cut their base interest level to 0.0, in a bid to stimulate spending due to their recent worries with deflation. This decision signaled a mass sell-off of Euros and the capital was moved into nearby safe-haven currencies, in this case the Swiss Franc. Severe increases in demand are what regularly cause the...