Sterling improves against the Swiss Franc after positive comments by Theresa May (Tom Holian)

Sterling has seen huge gains vs the Swiss Franc during today's trading session as Prime Minister Theresa May spoke out in an attempt to reassure the UK economy. It was one of the most positive speeches since her she took her position and she suggested that the UK would be open to a deal which could see the UK take more time to organise a different relationship with the European Union. As yet Theresa May is convinced that Article 50 will be triggered by March 2017...

Sterling falls against the Swiss Franc as safe haven buyers pile into the Swiss...

The Pound has continued to struggle against the Swiss Franc following on from last night's US Federal Reserve's interest rate decision to keep interest rates on hold in the world's biggest economy. The increasing negative news from the UK economy following the Brexit is also causing the Pound to struggle against the CHF. With the US Federal Reserve keeping interest rates on hold last night this has caused global investors to look for safe haven currencies including the Swiss Franc. Four countries including the Czech Republic have...

GBPCHF rates slide to 5 year low!

Pound to Swiss Franc exchange rates have continued their demise as sterling comes under further pressure and the Swissie remains as buoyant as ever. The coming weeks will determine whether or not there is further to fall as we learn of more action potentially from the Bank of England and also get fresh news on economic growth for the UK. The Swissie is performing well owing to its status as a safe haven currency which effectively puts it right at odds with sterling at...

Pound to Swiss Franc exchange rates see slight dip following further poll changes (Joshua...

Pound to Swiss Franc exchange rates have seen further concerning falls overnight which remained fairly stable throughout the day. The fall was caused by a supplementary YouGov poll to the previous poll last Thursday which pointed to a staggering reduction in the lead established by the Conservatives when the election was first announced. A lead previously of 22% could now be as little as 7-8%. Whilst still a win for the Tories, this may not be enough to establish a majority, with some pundits expecting them to be...
Sterling breaks 1.30 against the Swiss Franc

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...
GBP to CHF Rate: Sterling Supported Against the Swiss Franc as Boris Johnson's Health Improves

GBPCHF – The Brexit barometer

GBPCHF hits 2018 low on no-deal Brexit fears The Swiss Franc has been in the ascendancy against Sterling as fears over a hard Brexit increase. The Pound has been taking a real battering this week as investors sell off the Pound to find more stable shores. GBPCHF is an excellent barometer of Brexit confidence and the fact it is at the lowest point of the year reflects the recent slump in confidence relating to the lack of coherent plans over the UK’s departure from the...
GBPCHF Strengthens on News That COVID-19 Spread Appears to Be Slowing

Mark Carney steadies GBP/CHF rates on global viewpoint

The pound to Swiss franc exchange rate has been steadied following comments from Mark Carney during a briefing on the global economy at the Barbican centre in London yesterday. I was fortunate to be in attendance and was struck by Carney's confident manner, although he highlighted some major risks ahead which would be key for GBP/CHF rates. Sterling was weaker going into the talks, particularly as Theresa May has once again kicked her plans further down the road in providing a meaningful vote on Brexit...
GBP to CHF remains buoyant at higher levels over the week

Swiss Franc at 5 month highs vs the Pound

Tory leadership debate does little to help the pound Sterling has remained under a lot of pressure against a number of currencies including vs the Swiss franc. The Tory leadership race is now down to 5 candidates after former Brexit secretary Dominic Raab only managed to get 30 votes. This was short of the required 33 to progress to the next round. Last night we had the live television debate involving the last five candidates. It appears as though Boris Johnson is the clear leader with 126...
Sterling breaks 1.30 against the Swiss Franc

CHF Forecast – Global markets Impacting CHF’s Value (Matthew Vassallo)

GBP/CHF rates have improved over the past week, with the pair trading close to 1.38. The Pound has seen its value increase across the board, with its recent upturn linked to progress with Brexit talks and a strong run of economic data. The fact that Brexit has not been front page news over the past week has also helped support Sterling’s rise, with no negative reports sapping investor confidence. This lack of media coverage is unlikely to last in my opinion and a such those clients holding...

Pound’s value likely to be driven by the upcoming supreme court judgement (Joseph Wright)

As we enter the new year the pound's value is likely to be driven by the supreme court's ruling which is likely to surface around the middle of this month. The supreme court will rule on whether Theresa May, the UK prime minister can invoke Article 50 without consulting parliament. As it stands Theresa May plans on invoking Article 50 in order to initiate the Brexit process at the end of March, and she's scheduled to give a speech over the next few weeks in...