Will Sterling improve against the Swiss Franc in March? (Tom Holian)
The Pound has showed signs of improvement recently against the Swiss Franc after the tone surrounding Brexit appears to be softening. The discussions yesterday at Chequers appear to have gone well and this has given the Pound a boost against all major currencies including vs the Swiss Franc.
Indeed, there are a number of reasons why the Pound has made gains since the start of the year.
Firstly, with inflation continuing to be on the increase and constantly remaining above the government's target the Bank of...
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...
What will happen next on the Swiss Franc to pound exchange rate?
The pound to Swiss Franc exchange rate has been tracking a very uncertain range with a number of conflicting factors pushing the rates in different directions. If you have an exchange to make buying or selling the Franc or the pound an understanding of the fresh events and news that will drive the pair is key to making sure that you are not caught out.
Firstly risk sentiment is probably one of the biggest factors to understand for the Franc. As a safe haven currency...
GBP CHF Falls Below 1.30
The pound has fallen dramatically against the Swiss Franc with rates for GBP CHF falling to below 1.30 once again. The Swiss Franc has seen a surge in its value after this week’s financial market volatility which started on Monday. The stock market crash in the US which fell by 4.6% on Monday has created volatility for all of the major currencies as wee as global equities.
The Swiss Franc which is a safe haven currency generally performs well when events like this happen. The...
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...
Bank of England to influence GBPCHF exchange rates
Tomorrow the monetary policy committee from the Bank of England will vote to decide the interest rate for the upcoming month. No change is expected from 0.5%, therefore I expect the actual decision to be a non event. However shortly after the event Governor of the Bank of England Mark Carney will deliver his monetary policy statement which will be followed by a question and answer session.
Regular readers will be aware that speeches given by governors of central banks can have a major influence...
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...
Could we see gains for CHF? (Daniel Johnson)
GBP/CHF - The Swiss Franc has gained ground over Sterling during recent trading and this could be set to continue with Phase two of Brexit talks shortly to commence. UK Chief Negotiator, David Davis and EU Chief Negotiator, Michel Barnier are far from being on the same hymn sheet in regards to Brexit.
Davis has accused EU services of approaching UK companies and advising them to relocate their head quarters to the EU or risk losing their contracts. Davis is clearly not happy as the...
GBPCHF close to an 18 month high
Its not been a great day for the pound vs the Swiss Franc and exchange rates have dropped 0.85% however exchange rates are still close to an 18 month high. Brexit sentiment has changed in the last 3 months as the UK and EU have begun trade negotiations and its likely that a deal will be formed at some point throughout the year.
This week leaders from around the globe have met in Davos, Switzerland to discuss the global economy. Exchange rates have seemed to...
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...
