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...

GBP/CHF Where is Sterling Headed? (Daniel Johnson)

The pound has dropped substantially  against the majority of major currencies. Sterling sits at record lows against most. . The media have mentioned the gains on the  FTSE 100 post-Brexit, but the FTSE 350 is a far better measure and figures are considerably down. The governor of the Bank of England (BOE), Mark Carney spoke on Tuesday after the stability report. He stated there is the strong possibility of an interest rate cut, which could come as soon as next week. If not next week...

GBPCHF rises but for how long?

Finally sterling has found some support against the Franc as investor sentiments over what is around the corner for the pound recovers from the very worst fears and speculation mounts that the ECB will need some further stimulus to help their campaign to raise inflation back to 2%. The outlook on the pound is still very shaky but we would not be surprised to see the rates fall back to lower levels as we approach the Referendum! If you have a transaction to consider involving...

GBP/CHF Rates Spike Following BoE Decision (Matthew Vassallo)

GBP/CHF rates have spiked by almost 5 cents this week, bringing those clients holding GBP some much needed respite after weeks of negative downturns. The reason we’ve seen the Pound gain some traction is the political developments this week, with Theresa May being appointment new Prime Minister. This has removed a layer of uncertainty amongst investors and the Pound has benefited as a result. We also had the latest Bank of England (BoE) decision yesterday and it was widely anticipated that BoE governor Mark Carney...
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...

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...