GBP to CHF Forecast: Is the CHF Still a Safe Haven Currency?

What will be the key factors to the value of CHF? (Daniel Johnson)

Swiss Unemployment could cause a swing in CHF value The Key data release from Switzerland this week is unemployment, due to be released early on Friday morning. The unemployment rate is delivered by the State Secritariat for Economic Affairs (SECO). It shows the figure of unemployed workers divided by the entirity of the civilain work force. If the figure is positive and comes in better than the expectation of 3% we could see Swiss Franc strength. It also is not just about the immediate impact as...

Has the Pound’s recovery against the Swiss Franc stalled? (Joseph Wright)

Today has seen quite a steep drop for the GBP/CHF currency pair as we've seen the Pound weaken against most major currency pairs. The sell-off in the Pound seems to have picked up steam this afternoon, although the major economic news out of the UK today was released this morning. The UK Inflation rate, which is measured by the Consumer Price Index (CPI) came out at 0.6% although economists had forecast a rate of 0.7% to be released, and this weakened the Pound against most major...
Pound finds support against the Swiss Franc but for how long?

Supreme Court Judgement set to cause volatility on GBP/CHF (Daniel Johnson)

Supreme Court Judgement expected imminently The Supreme Court Judgement on whether parliament will have to O.K  the triggering of article 50 is ongoing and when the ruling is announced expect big swings on GBP/CHF. I think the likely outcome will be that parliament will get the vote, most broad sheet papers have indicated the majority of the judges are in favour of the parliamentary vote. The Guardian has seven of the eleven judges in favour of parliament voting on invoking article 50. If this is the...

GBP/CHF Rates Drop During Tuesday Trading (Matthew Vassallo)

GBP/CHF rates have dipped during Tuesday’s trading, with the pair dropping to 1.4380 at today’s low. The pound has struggled across the board so far this week and this morning’s Industrial & Manufacturing Production figures have only enhance that trend. Both came out below expectation and this is likely to be the catalyst for today’s drop. The CHF has benefited from the recent downturn in UK data and has gained almost 6 cents in the last month against GBP. This has provided some excellent selling...

Would tighter currency control regulations substantially boost the Swiss Francs value? (Joseph Wright)

Currency manipulation is becoming a hot topic now that Donald Trump has been inaugurated as the US President. Followers of his social media accounts will be aware of his criticism's of a number of countries for artificially weakening their currency's in order to remain competitive on a global scale, and recently his attention has been on the Eurozone and how Germany is benefiting from the weaker Euro. It likely that sooner or later CHF will hit the headlines the Swiss National Bank works particularly hard to...

GBPCHF plunges on Trump fears!

The Swiss Franc is a safe haven currency and benefits in time of uncertainty. With Donald Trump now looking much more likely to win the Election the Swissie has found favour. If you are buying the Franc with sterling in the future the combination of global uncertainty and a weak pound looks set to cause problems! Even if Trump doesn't get in the weakness on sterling looks set to continue and some would argue Hilary Clinton is by no means a safe bet for...

GBP/CHF Forecast – Will the Pound Recover? (Matthew Vassallo)

The Pound has found a foothold against the CHF over the past week, with the pair settling around 1.24. This followed some heavy losses earlier this month, after Sterling hit a high of 1.2831. The UK economy remains under pressure, with the markets becoming increasingly sceptical regarding the on-going Brexit negotiations. With reports of a disjointed government and various opinions on how the UK should proceed, it is unlikely in my opinion, that the Pound will make any sustainable inroads against the major currencies over the coming...

GBP CHF Exchange Recover ahead of Supreme Court Ruling (James Lovick)

The pound has seen a sharp fall following the interview that Theresa May gave with Sky news on Sunday although there has been a small rebound this afternoon. GBP CHF exchange rates are hovering around 1.2350 for this pair. The pound fell sharply in morning trade but has since recovered as there still remains a great deal of ambiguity as how Brexit will take form. In my view yesterday's fall was something of an overreaction considering we are still awaiting the verdict from the...
GBPCHF Strengthens on News That COVID-19 Spread Appears to Be Slowing

GBP CHF Breaks 1.33 on Brighter Brexit Outlook

The Swiss Franc remains strong as it retains its lure as a safe haven currency. However a member of the Swiss National Bank (SNB) Fritz Zurbruegg said yesterday that the central bank remains ready to intervene to curb upward pressure on the Swiss Franc in a bid to artificially weaken the Franc. The SNB has had to intervene in the past which has created immense market volatility for Swiss Franc exchange rates and the central bank appears to be warning the markets that there could...

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...