Sterling’s value testing further into 1.30’s on GBP/CHF (Joshua Privett)

Economic data for the UK continues to impress as buying levels for GBP/CHF continue to improve back above 1.30 for a sustained period. The key data releases in September which have caused these movements have come from economic data company Markit, who have published three recent surveys of business confidence in the manufacturing, construction and service sectors. GBP/CHF rallied a full cent last Thursday on the news that the manufacturing sector grew in confidence by the largest amount within a single month in over 25 years....

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...
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...
Pound to US Dollar Exchange Rate Rebounds as Boris Heads to Brussels to Break Brexit Deadlock

Pound to Euro: Sterling Strength as Brexit Talks Resume

The pound has started the week off well and truly on the front foot against all major currencies; sterling has seen the biggest daily jump against euro for two months, with interbank levels for pound to euro sat above 1.1250 at the time of writing. With a market move of over 0.85% during yesterday’s trading those that have been waiting for the moment to secure a euro purchase will have had a promising day, but what could we see happen next for sterling exchange...

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...

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...

Sterling Remains Under Pressure (Matthew Vassallo)

Sterling remains under pressure against the CHF, with the pair marooned under 1.30 for the last month. With current levels fluctuating around 1.27 on the exchange, GBP may find it difficult to breach the 1.30 resistance level under current market conditions. The CHF is generally seen a safe haven currency by investors, due to its resilience during times of global uncertainty and as such will generally hold its value better than others. However, it is unusual to see GBP/CHF rates trade at these lows...

GBPCHF rises 2% as sterling rises!

The pound to Swiss Franc exchange rate rose today as investors were pleased by Theresa May's comments about the Brexit. We are looking now at a more decisive Prime Minister Theresa May who has set out a plan and some objectives which if realised will create a much stronger and better Brexit than political commentators give credit for. GBPCHF could continue to rise and clients looking to sell CHF for pounds should be keeping a close eye on the rate but might wish to...

GBPCHF rises to over 1.25!

The pound is higher against the Swiss Franc as we finally get some clarity over just what Brexit means. The pound was initially expected to fall but contrary to popular expectation it found favour as Theresa May finally delivered some clarity over just what Brexit means. Most analysts are expecting sterling  will come under pressure again, in some respects this is just the beginning of what is going to be a long journey. I think if you are buying Francs in the short term...

Brexit talk to continue to weigh on GBPCHF levels

Sterling is currently trading close to a 15 month low against the Swiss Franc, as downward pressure from the upcoming EU Referendum continues to weigh on the value of the Pound.With this pair in mind the majority of trades going through our foreign exchange brokerage currently are Swiss Franc conversions into Pounds, as Swissy sellers are taking advantage of some of the best trading levels for close to a year and half. Some important levels to look out for with regards to GBPCHF are 1.3000...