Swiss Franc continues to soften, will next week bring further losses for CHF?

Those of our readers planning on buying Swiss Francs in the short-term future are seeing improving rates on almost a daily basis at the moment. The Swiss National Bank has had a job on its hands as in the eyes of many, the Swiss Franc has been overvalued for some time now. Due to the currency's status as a safe haven currency investors tend to pool their funds into CHF in times of market uncertainty. Over the years this has presented a problem for the SNB,...

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

Will GBPCHF hit 1.40 or 1.30 first?

The pound to Swiss Franc rate has traded in a fairly tight range this week as a lack of any new fresh information to drive financial markets so far. A major driver for the Franc has been risk-sentiment as investors attitudes to risk shape the way they look at investing in certain currencies. As a safe-haven investment, the Swissie has been stronger and weaker according to such demands. Lately, the pound has been very strong helping drive GBPCHF to the post-Referendum highs, now we are...
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...
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...

Pound to Swiss Franc rate climbs to a 22-month high, will GBP/CHF continue to...

The Pound to Swiss Franc rate has been boosted recently, mostly owing to CHF weakness but the positive sentiments surrounding the UK at the moment have also helped. Over the past week GBPCHF is up by almost 1.5% and over the past month it's up by almost 4%. Around the middle of last month Sterling was boosted across the board of major currencies after news broke that the Brexit transitional deal has been agreed between the UK and EU negotiators. Hopes of an interest rate...
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...

Mark Carney to influence GBPCHF exchange rates

Towards the close of play tomorrow Governor of the Bank of England Mark Carney will address the public and talk about the UK economy. Recently the Bank of England have hinted towards raising interest rates in March which has given the pound a boost against the Swiss franc. Further hints towards a hike should help the pound, however with the recent positive run, I expect the governor to remain neutral and the pound to finish the week at current levels. In other news the US will...
Pound to Canadian dollar outlook: Factors that are impacting sterling

GBP CHF supported on Transitional Brexit Deal

The pound has proven extremely resilient against the Swiss Franc with rates for the GBP CHF pair now sitting at 1.3450. GBP CHF has been given a considerable boost after the transitional agreement was reached last week between Britain and the EU which has helped support the pound considerably. The transitional deal gives Britain access to the single market for another 18 months which should prevent what has been described as a cliff edge Brexit. There are currently some much better opportunities to buy Swiss...

Sterling hits best rate to buy Swiss Francs since the EU referendum

The Pound has started the week off on a very positive note vs the Swiss Franc breaking past 1.34 which is close to the highest rate to buy Swiss Francs since the EU referendum vote back in June 2016. The Swiss Franc is often used as a safe haven currency but with the US having raised interest rates last week it appears as though global investors are moving away from the Swiss Franc and into alternative currencies. The Pound has also had a very good run...