Best rate to sell Swiss Francs into Sterling since January (Tom Holian)

Sterling vs the Swiss Franc has fallen to its lowest level in two months as the Pound is continuing to be dragged down by what is happening with the uncertainty caused by when Article 50 will be triggered. Article 50 has been debated in the House of Lords and a challenge concerning the rights of Europeans living in the UK has been brought by the Lords. They want to keep the rights of European citizens living in the UK and protect the rights of those...
Pound finds support against the Swiss Franc but for how long?

Pound to Swiss Franc exchange rate continue to rally (Joshua Privett)

The Pound and the Swiss Franc have had a strange relationship since the missile strike by the US on a Syrian Government airbase last week. Pound to Swiss Franc exchange rates plummeted before recovering and then exceeding expectations as we entered into the weekend. The 'anomaly' as some are now calling it, was a surge in Swiss Franc strength for a few hours in the initial reaction to the strike, but then the markets corrected themselves back to pre-strike levels once it was concluded that...
Mark Carney steadies GBP/CHF rates on global viewpoint

GBP CHF Breaks 1.33 on Brighter Brexit Outlook

The Swiss Franc remains strong as it retains its lure as a safe haven currency. However a member of the Swiss National Bank (SNB) Fritz Zurbruegg said yesterday that the central bank remains ready to intervene to curb upward pressure on the Swiss Franc in a bid to artificially weaken the Franc. The SNB has had to intervene in the past which has created immense market volatility for Swiss Franc exchange rates and the central bank appears to be warning the markets that there could...
Pound to Swiss franc forecast - Brexit impasse means a fragile pound

Pound to Swiss franc forecast – Brexit impasse means a fragile pound

Brexit Limbo At present Theresa May is in talks with Jeremy Corbyn in order to try and come up with a mutually acceptable deal to put to Brussels. The problem is May can't even get a deal that is acceptable within her own party let alone Labour as well. Her deal has been rejected three times and Brussels are stone walling us on the Irish border. Brussels have reiterated there will be no changes to the deal on the table yet May continues to try and...
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...
Swiss Franc at 5 month highs vs the Pound

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...
Pound to Swiss Franc forecast Brexit limbo hurting Sterling

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...

GBP CHF Slips from 18 Month High

GBP CHF rates remain supported over 1.32 for the pair having slipped from the 18 month high of 1.33 on Tuesday. The pound remains on a delicate footing as the overall uncertainty over Brexit continues to be a major driving force for sterling exchange rates. It has been reported that the EU are taking very seriously the prospect of a hard Brexit and have also written to 15 sectors advising them to prepare for the worst. It highlights how tricky this negotiation will be and...

GBP CHF Pushes Towards 1.30

The Swiss Franc remains in a strong position as global uncertainty both economically and politically continue to help support the currency. The threat of a nuclear conflict in North Korea after a recent escalation of tension between the US and North Korea has helped support the Swiss Franc as investment flows to the safety of the Swiss Franc. Meanwhile the global economic uncertainty despite a marked turnaround in the Eurozone is also helping the Franc. Swiss Consumer Price Index inflation data released tomorrow is likely...
Mark Carney steadies GBP/CHF rates on global viewpoint

What will happen next on the Swiss Franc to pound exchange rate?

The pound to Swiss Franc exchange rate has been tracking a very uncertain range with a number of conflicting factors pushing the rates in different directions. If you have an exchange to make buying or selling the Franc or the pound an understanding of the fresh events and news that will drive the pair is key to making sure that you are not caught out. Firstly risk sentiment is probably one of the biggest factors to understand for the Franc. As a safe haven currency...