Sterling breaks 1.30 against the Swiss Franc

CHF Forecast – Global markets Impacting CHF’s Value (Matthew Vassallo)

GBP/CHF rates have improved over the past week, with the pair trading close to 1.38. The Pound has seen its value increase across the board, with its recent upturn linked to progress with Brexit talks and a strong run of economic data. The fact that Brexit has not been front page news over the past week has also helped support Sterling’s rise, with no negative reports sapping investor confidence. This lack of media coverage is unlikely to last in my opinion and a such those clients holding...
GBP to CHF remains buoyant at higher levels over the week

Swiss Franc Supported on Better Inflation

Rates for GBP CHF has slipped in recent week with levels hovering around the 1.32 mark for the pair. The Swiss Franc has been marginally boosted following the latest Consumer Price Index inflation numbers released this morning. Swiss inflation climbed higher to 1% for the year which was above the expected forecast of just 0.9% and the numbers were up to 0.4% for the month of May. The markets will be keeping a close eye on what happens in Iran in these coming weeks after...

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...
Sterling breaks 1.30 against the Swiss Franc

GBP/CHF Forecast – Have Investors Already Priced in a Rate Hike by the BoE?...

GBP/CHF rates have dipped slightly this morning, with the Pound losing value against the majority of major currencies during early morning trading. The pair is now trading around 1.3050, having hit a high of 1.3154 earlier this week. Whist the UK economy remains under pressure, the Pound has gained some traction over the past couple of weeks against the CHF. This is likely in part, due to investors pricing in an interest rate hike by the Bank of England (BoE) at their upcoming policy meeting next...

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...

Will the Swiss Franc suffer now that the first round of voting in the...

The Swiss Franc is in low demand today after the financial markets breathed a sigh of relief. Irrespective or our readers personal beliefs the markets were generally hoping for a more EU-friendly French Presidential candidate to come out on top of the first round of voting that took place this weekend. The far-right Eurosceptic candidate, Marine Le Pen will go through to the 2nd round but the likelihood of her winning now just sits at around 10%. Its the high possibility of Macron now going on...

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

Will next months vote create volatility for the Swiss Franc?

Next month on the 10th of June there will be a key vote in Switzerland. It's being labelled as 'Vollgeld' and it pertains to whether the Swiss want to reform their monetary system in an unprecedented way. There hasn't been much talk of this Referendum in the economic world outside of Switzerland because a 'Yes' vote is apparently highly unlikely. I guess there are parallels with the Brexit vote which few expected, so I wouldn't rule out a major move for CHF exchange rates should...
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...

The impact of the US Presidential election on the Swiss Franc (Dayle Littlejohn)

Last night was the first televised debate between Hilary Clinton and Donald Trump. The general reaction is that Hilary got the upper hand and came out on top. She criticized Trump plans to cut taxes and also went on to ask why Donald Trump will not release his tax bills. Looking ahead the closer we get to the election I believe speculators will want to move their assets out of the dollar and into a safe have currency and there is a good chance this...