Brexit Looming – Where Next for GBP/CHF Exchange rates? (Matthew Vassallo)

With the UK’s Brexit looming on the horizon (assuming there are no delays by the House of Lords), many clients are now questioning which direction GBP/CHF rates will take over the coming weeks and months? My personal view is that whilst the Pound has gained something of a foothold over recent days, with a move towards 1.26 today, I would not be gambling on a major spike from the current levels. Sterling is still fighting an uphill battle, with investor confidence in the UK remaining...

CHF bolstered by heightened political tensions (Joshua Privett)

The G20 Summit this week is causing a hos of speculation on the currency markets as to what kind of deals will be stuck, which country's policies will be received most favourably, and these uncertainty is feeding the current value of the Swiss Franc, with the CHF gaining against the Pound by 0.5 cents as a result. Of course the Pound example wasn't helped by events in the UK either. We woke up to find that much of the murmurs about UK growth downturns are...

Pound to Swiss Franc exchange rates recover after difficult beginning to the week (Joshua...

The slides on Pound to Swiss Franc exchange rates which have been ongoing since last Thursday, but today it seems the slide has halted. GBP/CHF rates have hit the 1.26 mark again but seem to be holding steady. The reason for the stop in the slide? Finally some good news from the UK economy after a slew of poor news in line with the weather recently. Initially the Pound had been sliding because the discourse on whether the UK would be raising interest rates suggested that...

Will the Pound continue to fall versus the Swiss Franc? (Joseph Wright)

Since August begun the appetite for risk has lessened within global financial markets, and this has unsurprisingly resulted in CHF strength. When compared with the Pound the Swiss Franc has actually gained 3 cents since the month started, with many traders wondering whether the rate can drop back down to it's lowest levels so far this year in the early 1.20's. The Pound isn't being helped by the fears surrounding the poor start to the Brexit negotiations which are likely to be an influencing factor for...
Pound to Swiss franc forecast - Brexit impasse means a fragile pound

Swiss Franc at 2 month high vs the Pound

The Pound has fallen to its lowest level to buy Swiss Francs in two months as the Pound continues to struggle after the Bank of England's decision to keep interest rates on hold for the foreseeable future. About a month ago the Swiss Franc started coming under pressure against a number of different currencies after the Swiss National Bank got rid of the cap that it had previously put in place to stop the CHF from being too strong. Many expected that the Swiss Franc may...

Will Theresa May’s speech benefit the Pound vs the Swiss Franc? (Tom Holian)

The Pound has continued to remain above 1.30 on the Interbank level at the time of writing even though Sterling has started to drop off from its recent strong levels against the Swiss Franc. Sterling exchange rates have remained in a relatively tight range during the course of this week as it appears as though investors are adopting a 'wait and see' approach' when it comes to seeing what Prime Minister Theresa May will say at her speech on Friday. May will be outlining the UK's...

GBP/CHF rates set to test the lower 1.40’s once more?

The Swiss Franc has steadily been getting more expensive since December. This has mainly been a factor of Sterling weakness rather than any Strength in the Swiss Franc, but this may change by tomorrow morning. Tomorrow import, export, and trade figures for the Swiss economy will be released for the month of December. Which may finally see a turnaround after previously being a major burden to economic growth in recent months. The Swiss economy suffered in 2015 once it unpegged its currency against the Euro. Its...

GBP/CHF rates inches from the 1.39 levels (Joshua Privett)

As UK markets opened for trading this morning, GBP/CHF rates got within less than 0.001% of hitting below the magic 1.40 mark. The relationship between the Pound and the Swiss Franc has been more pronounced than most over the issue of the upcoming Referendum. CHF value tends to benefit in times of global uncertainty, with its status as a known safe haven currency the Referendum vote itself had previously been adding quite a bit of value. This runs parallel to the loss in value for the...
GBPCHF Strengthens on News That COVID-19 Spread Appears to Be Slowing

The best rates to buy Francs since the Referendum vote!

GBPCHF has hit its highest point since the EU Referendum vote in June 2016, 19 months ago. The interbank rate of 1.34 is providing some much need respite for CHF buyers with pounds who have been struggling with some of the lower rates since 2011. If you have a transfer buying or selling the pound for the Franc it is important to be aware of the key trends which drive this currency pairing. The outlook for the GBPCHF exchange rate could now see the pound rise...

SNB Ready to Fight Against CHF Strength?

The Swiss National Bank may look to intervene with regards to Swiss Franc value once again if the rate continues to strengthen at its current rate. I think 1.0750 is a key level for EURCHF and should we see a move below that level it’s likely that the SNB may implement methods to reduce CHF’s value. The general consensus surrounding CHF is that it’s overvalued, and with Swiss Inflation revised down for this year from -0.5% to -0.8% it may be that the SNB act’s...