Pound to Swiss Franc exchange rates remain docile despite yesterday's UK political developments

GBP CHF Slides after Mark Carney Comments

The Swiss Franc has weakened considerably against the pound over the last week with rates for this pair breaking through 1.38 yesterday. There has been a sustained rally in the price of sterling on a perceived better outlook on Brexit over these last few weeks. The second round of negotiations have been completed which allows for a transitional period and for trade to continue in much the same way as it has been. The negotiations have re-opened this week and this third round will...

Swiss Franc to lose out from US hike? (Joshua Privett)

The Swiss Franc has been one of the main beneficiaries of the heavy anxiety forced on markets since the Brexit vote, but it is not the only safe-haven currency out there. Events in the US and outside which impact the US Dollar are a key variable on the Swiss Franc's value, and this will be fluctuating over the next few hours. Both the USD and Swiss Franc are well known stable safe-haven currencies and tend to benefit from an uplift in demand during uncertain periods. However,...

Poor 2018 for Swiss Franc so far, will the downward trend continue?

A quick glance at a chart showing the Swiss Franc's performance this year makes for simple reading, as the trend is generally downward against all major currency pairs. There have even been reports of cross-border shopping trips from Switzerland to the surrounding countries declining, as the spending power of the Swiss Franc has diminished quite considerably in the last few months. At the time of writing the CHF/USD pair are sitting almost exactly on 1.00 which is the lowest level since May of last year. This...
Pound to Swiss Franc forecast Investors flock to the CHF will the Swiss National Bank curb demand for the Franc?

Swiss Franc continues to strengthen against the Pound

The Swiss Franc has continued to strengthen against the Pound in recent weeks and it could be argued that the main trigger for the weakening of the Pound came a few weeks ago when the Bank of England confirmed that they would be keeping interest rates on hold again with a split of 7-2. The UK has shown relatively poor economic data in the form of UK GDP which came in at the slowest growth since 2012 and inflation has started to fall and this...

GBPCHF falls once again as ‘Brexit’ talk begins to heat up (Joseph Wright)

During today's trading session the Pound has continued it's decline against the Swiss Franc. This trend begun on the 30th of May and since then Sterling has become almost 3 cents weaker. Those following the GBP/CHF exchange rate, perhaps those with an upcoming currency requirement involving the pair, will be fully aware of the recent uptrend for Sterling. Looking back at a 1 month chart the Pound had been noticeably buoyed by the polls coming out of the UK suggesting that the public is most...

SNB Dovish – GBPCHF to climb?

Rates have generally been falling recently making the CHF the most expensive that we have seen for some time. This trend was further continued last week the the ECB decision impacted global markets. The Swizz National Bank meet in a few days time and their negative interest rate decisions are expected to be changed.  No change to the interest rate itself are expected. It is thought that the negative rate of interest from the banks will be more widely implemented. There are currently some exemptions which...

Sterling to Swiss Franc rate back to its 2017 starting point, how can I...

The Pound to Swiss Franc exchange rate has fallen back to its 2017 starting point levels. Despite currently trading around the 1.2450 mark the rate has been as high as above 1.30 and as low as 1.2150. On large currency transfers such as those involved in property purchases or sales the difference between the high and low points make a considerable difference which is why being in touch with a company such as ours is important. Not only do we offer commercial level exchange rates which...
Pound to Swiss Franc forecast Investors flock to the CHF will the Swiss National Bank curb demand for the Franc?

Pound to Swiss Franc Forecast – Will GBP/CHF rates rise or fall on Brexit?

The Brexit date of 29th March has been delayed to the 12th April or the 22nd May as the EU provide a lifeline to the UK to help them avoid a no-deal scenario. This has helped the pound to rise and has provided some of the best rates to buy Swiss Francs in many months. The outlook for the pound is now looking much less rosy as investors await the latest news on Brexit and to see if the House of Commons will be likely...
Pound to Swiss Franc rates: UK housing price growth hits 6 year low

Pound to Swiss Franc rates: UK housing price growth hits 6 year low

Pound to Swiss Franc rates We have seen a fairly stagnant market following the Brexit extension until 31st October. Although a key factor on GBP/CHF economic date releases will now gain back some of their impact. Yesterday saw the ease of House Price Growth data and figures dropped to a six year low. The average house price of across the UK grew by 0.6%, but property prices in the capital fell by 3.8%. The lack of clarity surrounding Brexit is being labelled as the main catalyst. International...

Will the Pound continue to make gains vs the Swiss Franc?

The Swiss Franc has been weakening recently as global investors appear to be moving away from the safe haven of the Swiss banking system. The US Federal Reserve have continued to increase interest rates during last year and have already hiked rates during 2018 with further rate hikes expected later on this year. With the Swiss interest rate so low this has encouraged investors to sell the Swiss Franc in favour of the US Dollar hence the weakening over the last few weeks particularly vs the...