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...

Swiss Franc news today against Sterling (Tom Holian)

This week the House of Lords have been debating the issue of the Brexit bill and assuming there are no amendments made this could see a free run towards the triggering of Article 50 due to take place during March. This helped the Pound to hit its best rate to buy Swiss Francs in 2017 creating some excellent opportunities to send money to Switzerland. However, it is not all plain sailing with the costs to leave the European Union price as high as £50bn according...
Pound to Swiss Franc Forecast: GBP/CHF rate hits near 1-year high

Swiss Franc to have a positive end to the week vs the Pound

The Pound has remained fairly range bound against the Swiss Franc during the last couple of weeks as the markets appear to adopting a wait and see approach as to what might happen in the medium to long term. The Pound fell marginally during this time after the Bank of England once again decided to keep interest rates on hold at a split of 7-2 in favour of keeping the rates the same. Over the next couple of days there is limited data published both here...

Pound falls against the Swiss Franc after MPC member comments (Tom Holian)

The Pound has fallen vs the Swiss Franc after two of the members of the Monetary Policy Committee spoke yesterday. Ben Broadbent has stated that he's 'not ready' to raise interest rates just yet and after the 5-3 split in the announcement earlier this month the markets were expecting both him and Andy Haldane to be hawkish in their tone. The reverse happened and combined with Kristin Forbes who has left since the vote and voted for a rate hike the appetite for a rate hike looks...

Swiss Franc Gains Further Ground on Sterling over Brexit Worries! (James Lovick)

The pound has fallen lower against the Swiss Franc yet again taking levels almost to the lows that we saw in August. Rates for GBP CHF have fallen almost 1% today which has created another excellent opportunity for anyone selling Swiss Francs. The pound is being driven lower on renewed Brexit concerns which are coming to light. Theresa May has made clear today that all 27 EU member states will sign a trade agreement with the United Kingdom. This is bold talk and encouraging from...

Rapid Rise in Inflation causing problems for Sterling (Daniel Johnson)

Inflation data weakens Sterling Yesterday saw the release of Consumer Price Index (CPI) data. CPI is a measure of inflation and yesterday we saw a rise from 2.3% to 2.7% month on month. Usually a rise in inflation is deemed as good for an economy, but on this occasion it is a worrying sign. The rapid rise is a direct result of the vote to leave the EU. Sterling has weakened considerably against the majority of major currencies since the vote and a result imported...
Pound to Swiss Franc forecast Investors flock to the CHF will the Swiss National Bank curb demand for the Franc?

Pound soars after Brexit bill breakthrough, will the upward trend continue? (Joseph Wright)

The Pound spiked upward today across the board of currencies today, after speculation of a final agreed amount for the Brexit bill has supposedly been agreed. The figure is rumoured to be around the £50bn mark and the markets have welcomed the news, as the likelihood is that that the path of trade negotiations will now be cleared. Up until now this has been a sticking point, so I think that should the rumours be true and the figures be made official, I wouldn't be surprised...
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...

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...

For how long can GBPCHF remain above 1.25?

The pound to Franc rate has been over 1.26 at times owing to the belief sterling and the UK economy is now in for a much better run of form than we had previously expected. Most analysts expect that the pound will actually come to struggle in the coming weeks since Article 50 could open the door to significant volatility on the currency markets. If you have a transfer to make involving the pound or Franc then making some plans in advance is a...