Dayle Littlejohn

Dayle Littlejohn

After a successful period managing a sports club following his degree in Sports Management Dayle came to FCD in order to further his interest in the financial markets and has brought with him plenty of energy and enthusiasm. His continued focus on helping all his clients save money when making an international payment has seen him become an integral part of the FCD trading team. Outside of work Dayle is a big sports fan with cricket his main passion having recently captained his team to league champions.

Articles by Dayle Littlejohn

SNB leave interest rates on hold, what next for GBP/CHF rates?

This morning the Swiss National Bank have left interest rates on hold at 0.75%, and market reaction between GBP/CHF has been limited. The Swiss Franc has rallied slightly against the US dollar and the Euro as forecasters were suggesting the SNB could cut interest rates further, however the events last night in the UK I believe outweighs the interest rate decision in Switzerland.

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Further falls for GBP/CHF exchange rate

Brexit UK Piece

Over the last 4 weeks the pound has continued its decline against the Swiss Franc which is no surprise. Global events including Brexit, Italian debt problems and Trade wars are prompting investors to sell off their risky currencies and invest in safe havens such as the Swiss Franc.

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Pound to Swiss Franc: CHF Strengthens Due to Events around the Globe

Brexit continues to put pressure on sterling and we are still waiting to find out if a vote of no confidence is called. The Prime Minister is in Brussels today meeting with Jean Claude Juncker. if the media get wind of any developments this could influence the Pound to Swiss Franc (GBP/CHF) rate, but in general the Pound remains under pressure which is helping the Franc to strengthen.

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