GBP/CHF rates lose ground from yesterday (Joshua Privett)

Sterling's rally yesterday after a recent string of poor news has evaporated by morning. GBP/CHF rates are now back below 1.45 as Sterling moves back to where the week began. There is no explicit data released to explain this move. Frankly, the same background forces which are weakening the Pound and therefore making the Swiss Franc more expensive to buy. Concerns about flooding in the North and West of the country have been compounded by the sudden cold snap which is making relief efforts slower and...

GBPCHF – Sterling strength drives markets up (Steve Eakins)

GBPCHF rates have been climbing this week in early trading. A majority of this has come from the certainty out of China whom has had a better start than most days of last week. Plus personally I put this does to 'profit taking' of the market as traders that have rode the market down last week sell off positions and take their profits from the trade. this influx of money onto the system pushes up demand and therefore value. Moving forward I don't expect this...

Will The SNB Intervene in markets again?

The Swiss National Bank intervened in the currency markets in to guarantee the Franc was worth no more than 1.2/ 1 Euro. This artifical level had see some major fluctuations on the EURCHF pair which resulted in some big moves on the euro and CHF against all other currencies. The SNB then pulled out the EURCHF floor following the Eurozone extensive QE programme launched in 2015 as the EUR began to depreciate massively against its counterparts leaving the CHF on the backfoot through no real...

Swiss Franc forecast is here -Keep checking back for regular updates!

Swiss Franc forecast is here and we will be giving you regular updates on Swiss Franc exchange rates. Keep checking back here and we will ensure that you are kept fully up to date with what has happened and what we have coming up that may impact your currency exchange.