Will GBP/CHF rise above 1.30 this week? (Joshua Privett)

Buying Swiss Franc rates have been one of the most volatile pairings for Sterling in recent weeks, due to the double effect that Pound strength as well as Pound weakness has on the value of the Swiss Franc. As a safe haven the Swiss Franc enjoys strength during times of uncertainty and lack of confidence in neighboring economies, and loses much of its artificial value when positive forecasts mean demand for a safe haven isn't as high. This is causing the severe swings in both positive...

GBP/CHF Rates Slide Ahead of EU Referendum (Matthew Vassallo)

UK unemployment data was released this morning and came in better than expected at 5%. This boosted GBP/CHF rates by almost a cent but despite this improvement, the general trend over the past month has certainly been a negative one. The Pound has suffered due to the on-going uncertainty surrounding next week’s EU referendum and with momentum seemingly building for the Leave campaign, investorsare starting to panic. The last couple of pre-polls have indicated that the Leave camp are now neck and neck with the...

Pound hits best level to buy Swiss Francs since May (Tom Holian)

The Pound has hit its best rate to buy Swiss Francs since May after the Bank of England mentioned that they may be gearing up for an interest rate hike sooner than the market expects. During the announcement the Bank of England spoke about stronger than expected UK economic growth and combined with rising inflation as well as the strongest UK unemployment figures in over 30 years the ingredients could influence an interest rate hike in the next few months. At the end of next week on...

Best time in 6 months to sell CHF for GBP!

Recent GBP weakness has presented the best time in 6 months to sell CHF for GBP. The expectation is that this will continue since sterling appears to still be in a very dark place. Expectations are for there to be lots of uncertainty surrounding the UK's possible 'Brexit' and EU Referendum. Whilst no dates have been set, expectations are skewed towards a very tough time for GBP. The Franc itself has been stronger with confidence coming back to the European economy. Demand has improved in...
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...

Will GBPCHF rates rise or fall?

The expectation is for the pound to push higher in the coming weeks as Article 50 is triggered but this might only be short-lived. If you have a transfer to consider involving the pound and Swiss Franc the previous expectations for the pound were that it would fall on the Article 50 but this is now being questioned. The belief is that the pound will benefit from certainty over the direction for the UK and negotiations will be perceived to be in the UK's...

Where Next for GBP/CHF Exchange Rates? (Matthew Vassallo)

GBP/CHF rates have fallen dramatically over the past month, as Sterling continues to find itself under pressure against the major currencies. However, despite these losses it is not all doom and gloom for those clients holding GBP, as Tuesday’s positive spike for the Pound proved. Currency does not move in a straight line and therefore we will see opportunities for those clients holding GBP to take advantage of, even if a sustainable Sterling recovery is unlikely in the short-term. As touched on Sterling received a welcome...

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.

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,...

Sterling flat against the Swiss Franc in the run up to UK GDP figures...

Sterling vs the Swiss Franc has remained close to its lowest level in history caused by the aftermath of the Brexit vote back in June and more recently the announcement that Article 50 will be triggered by March 2017. Confidence in Sterling exchange rates has plummeted recently and until we get some form of assurances as to how the talks may go with the European Union we could see Sterling fall even further against the Swiss Franc than its current levels. Clearly no negotiations can...