Will the upward trend for GBP/CHF continue, and what factors are influencing the pair at the moment?

Could the Pound fall lower against the Swiss Franc? (Tom Holian)

The fears caused by the Brexit vote continue to negatively affect Sterling exchange rates across the board. Indeed, this is no more evident than against the Swiss Franc which has continued to strengthen recently against the Pound. The global geopolitical uncertainty is also rising with the threats of missile launches by North Korea and how the world will react. The Swiss Franc if often used as a safe haven currency and at the moment this is another reason for the continued strength against the Pound and I...

Buying Swiss Franc rates set to improve today (Joshua Privett)

The Swiss Franc has remained at incredibly attractive levels for those looking to sell CHF to buy Sterling for some time. Yet this is expected to show some minor changes in the short-term. GBP/CHF rates fell through the floor following the global uncertainty that a British vote to leave the European Union has wrought on financial markets, with the Franc gaining heavily with its 'safe-haven' status. However, these improvements are entirely artificial. With the Swiss Franc actually having negative interest rates the appeal is hardly justified...

Swiss Franc Returns to the 1.39’s.

For the first time in 3 weeks the CHF has moved below the 1.40’s. This has been of the back of Sterling weakening due to the uncertainty as to which way the Referendum vote will go. The security provided by the Franc as it has far less factors contributing provides a safe haven for market investors. The Swiss Franc is well known for not moving huge amounts day to day, however there have certainly been larger swings than usual recently. I would not be surprised...
Will Switzerland’s strong economy ensure the CHF remains strong?

GBP CHF Breaks 1.35

The Swiss Franc has come under another wave of pressure with a devaluation through this week. Rates for GBP CHF have now climbed to 1.35 this afternoon presenting those clients looking to buy Swiss Francs with some of the best opportunities to purchase since the Brexit vote for Britain to withdraw from the EU. A member of the Swiss National Bank Andrea Maechler was recently reported saying that “The pressure on the Swiss Franc is still there, the currency has devalued and the over...

Fears surrounding Italian politics strengthens the Swiss Franc

Although some economists aren't predicting the recent bout of CHF strength to remain, the bottom line is that the Swiss Franc has been one of the strongest performing currencies within the G10 recently. Market traders have been placing bets that the Euro will weaken against the Swiss Franc recently, after the issues surrounding the political leadership in Italy is beginning to spill over into the Euros value. Up until this weekend it had appeared that a populist coalition would take control in Italy with intentions...

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...

Sterling continues to weaken after PM alludes to ‘Hard Brexit’ preference, will GBP/CHF continue...

Pound Sterling is still feeling the effects of UK Prime Minister, Theresa May's comments regarding the Brexit over the past weekend, with GBP/CHF now trading in the 1.23's as the Pound continues to weaken. Sterling lost almost 1% during Monday morning as investors digested May's comments. She alluded to the government focusing on controlling immigration and it appears that this is a priority as opposed to retaining access to the single market. May also said that the UK cannot keep 'bits' of EU membership and financial...

May’s finger on the button to trigger article 50 (Daniel Johnson)

Article 50 - Invocation Imminent With the House of Commons voting against amendments to the brexit bill, it was passed to the Queen for approval which was really a formality, more a mark of respect to a bygone age. Article 50 is now ready to be invoked at anytime. It is anticipated to be next week. I am of the opinion that brexit is already factored into current levels and I would not expect a huge drop in Sterling value. It is important to remember...
Will Switzerland’s strong economy ensure the CHF remains strong?

Sterling strengthens against CHF (Daniel Johnson)

GBP/CHF in Detail Sterling has made consistent gains against the Swiss Franc over the last week and now sits at a yearly high of 1.34. These gains can be attributed predominantly due to an extremely optimistic UK growth forecast from Lord Jim O'Niell. O'Neill was specifically looking at the possibility of a UK economic recovery post-Brexit. O'Neill stated the damage caused by Brexit could quickly be repaired. O'Neill said ‘That is because some parts of the UK, led by the north west, are actually doing way better...

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...