Swiss Franc Has Lost All Its Major Gains

The Swiss Franc has essentially unraveled in the last few days as all the investment that was put into the Franc slowly disappears. The strength that Sterling has seen in the last week almost matches exactly the lost ground for CHF. Sterling has been boosted heavily by the influence of Barrack Obama, who is a popular politician in the UK, suggesting it would be dangerous for Britain to leave the European Union. Whilst not official polls the UK Bookmakers have slashed odds on a Remain...

CHF posts biggest drop versus GBP in 2 weeks (Joseph Wright)

As the Pound struggles for direction this week, we have seen it gain heavily against the Swiss Franc during today's trading session, posting gains in excess of 1% and trading as high as 1.4042. The Swiss Franc hasn't been helped today by the release of investment bank UBS's real estate bubble index showing a decline in the first quarter of this year, this is the first time the figure has shown a decline in two years. Add this to the fact that Switzerland has enjoyed a...

Swiss Franc starts to claw back ground as investors take a shine to the...

The Swiss franc has been one of the poorest performers of all major currencies so far in 2018, losing roughly 5% of value against the Dollar and 3% against Sterling. It does appear though from signs this week that investors and speculators are starting to look at the currency in a more positive light, and we have seen a slight fightback as the week has progressed. Swiss economic data has been ok in recent times and although the general view is that we will not see...

Will The Pound Continue to Lose Ground against the Swiss Franc? (Daniel Johnson)

Sterling has lost considerable ground against the Swiss Franc of late. This is predominantly due to the political uncertainty created by the EU Referendum. I think it will be extremely difficult for Sterling to significantly rally against the Swiss Franc until after the referendum is conclude on 23rd June. If the UK were to leave the EU however it would catastrophic for the Pound, I would expect Sterling to fall up to 20 cents against CHF. There is some hope on the horizon, there is...

Sterling Swiss Franc Exchange Rate Update (Tom Holian)

Sterling vs the Swiss Franc has been going in an upwards direction this week after the Brexit verdict released on Tuesday morning. Initially this caused the Pound to fall vs the Swiss Franc but since then Sterling has continued to go upwards. Later today UK Prime Minister Theresa May will be the first foreign leader to be visiting Donald Trump and the talks are expected to be positive. Even though some of Trump's executive orders have raised eyebrows and his recent comments on torture have...

Brexit continues to put pressure on GBPCHF exchange rates (Dayle Littlejohn)

Within the last 72 hours there has been significant developments in regards to Brexit. UK Prime Minister Theresa May has announced she will begin the process of withdrawing from the EU by March 2017. Furthermore Chancellor Phillip Hammond addressed the public yesterday and announced that the UK have a tough time ahead because of the Brexit and he expects business confidence to be up and down. He went on to exclaim his aim will to be to priortise building new homes and improving transport...

Sterling Continues to Climb Higher against the Swiss Franc

The pound continues to climb higher against the Swiss Franc after starting its ascent on 11th April 2016. Gains have been well supported most likely on the back of the recent UK polls that are putting the Remain campaign marginally ahead. The vast majority of these polls are suggesting this which is giving sterling a little bit of a boost, for the time being anyway. Today should be particularly interesting with the expected press conference with US President Barack Obama and Prime Minister David...

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...
BOE Interest Rate Decision

Carney’s comments help to lift the Pound vs the Swiss Franc

The Pound has made some small gains versus the Swiss Franc this morning after Bank of England Governor Mark Carney has said that he has more confidence in the British economy which has led some people to think that we could be seeing an interest rate hike coming in August in the UK. According to some predictions there is a 70% chance of a rate hike which I think may be too early to happen. Last month was the first time that we saw a 6-3...

GBP CHF ahead of UK GDP Numbers this Thursday (James Lovick)

The pound had started the week looking more upbeat against the Swiss Franc but soon came under pressure just before Bank of England Governor Mark Carney met with a House of Lords committee about Brexit. There was a sudden 1% fall in the price of sterling in the minutes prior to the meeting which highlights how precarious the pound remains in this Brexit period of great uncertainty. This Thursday sees UK Gross Domestic Figures for the third quarter which should absolutely be in everyone’s diary...