Category Archive: 1.) CHF
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.
Read More »
Read More »
Sterling hits highest buying level against Swiss Franc since August
The Pound has made good gains against the Swiss Franc over the course of November so far, hitting the highest level we have seen since August and smashing through the 1.30 level.
Sterling strength: Rumours of Brexit deal agreement lead to Sterling boost The main reasons behind the rise in value of Sterling is due to positive vibes surrounding Brexit.
Read More »
Read More »
Swiss franc still highly valued, but no policy change
The Swiss franc, investment in arms, and the housing market were some of the issues the government discussed with the chairman of the Swiss National Bank. SNB chairman Thomas Jordan told the government that he sees the Swiss currency as highly valued and warned of the continuing risks of bubbles in the housing market.
Read More »
Read More »
The secrets of the new 200 Swiss franc note
Switzerland began updating its notes starting with the 50 franc note in April 2016. It then issued the new 20 franc note in May 2017, and the new 10 in October 2017. The newest note to grace Swiss wallets, pockets and purses is the 200 franc note, which was launched on 22 August 2018.
Read More »
Read More »
Swiss franc’s defensive features likely to come back into fashion
Despite heightened trade tensions, the Swiss franc has been relatively weak against the US dollar of late. The defensive features of the franc seem to be outweighed by an unsupportive interest rate differential. But the continuing threat of escalation in trade disputes and extreme short speculative positioning on the franc mean the latter has upside potential.
Read More »
Read More »
Will the SNB raise interest rates?
The Swiss National Bank (SNB) could be moving forward in their process of raising interest rates according to current reports with the previous Q4 2019 hike predicted to become reality in Q3. This minor shift in expectations is positive for the Swiss Franc and gives the market some news to be targetting and assessing in deciding the value of the CHF.
Read More »
Read More »
New CHF200 banknote to be introduced in August
The Swiss National Bank (SNB) has announced that the latest addition to the new banknote series – the CHF200 note ($209) - will go into circulation on August 22. The brown note’s key motif will be physical matter. It will “showcase Switzerland’s scientific expertise”, the SNB said a press release on Monday.
Read More »
Read More »
Budget busting burgers – Swiss franc still the most overvalued
The Economist has just published its January 2018 Big Mac index, a light-hearted measure of whether currencies are under or overvalued. The underlying assumption is that a Big Mac is the same whether bought in Kiev or Chur, so any price difference must be due to the exchange rate.
Read More »
Read More »
Swiss franc could hit 1.22 by year end, according to economists
According to Le Matin, economists at Swiss Life think the rise of the Swiss franc could be over and predict it will weaken to 1.22 to the euro by the end of the year. At the same time they point to risks that could send the currency in the opposite direction, such as the election in Italy, Brexit negotiations and uncertainty surrounding government in Germany.
Read More »
Read More »
The Latte Index: Using The Impartial Bean To Value Currencies
Like any other market, there are many opinions on what a currency ought to be worth relative to others. With certain currencies, that spectrum of opinions is fairly narrow. As an example, for the world’s most traded currency – the U.S. dollar – the majority of opinions currently fall in a range from the dollar being 2% to 11% overvalued, according to organizations such as the Council of Foreign Relations, the Bank of International Settlements, the...
Read More »
Read More »
Swiss industry has learned to live with strong franc
The recent appreciation of the Swiss franc has sent shockwaves through Swiss firms, resulting in job losses and lower research budgets. But viewed long-term, Switzerland’s export-driven economy has adapted remarkably well to a strong currency.
Read More »
Read More »
Is the Yen or Swiss Franc a Better Funding Currency?
Yen and Swiss franc are funding currencies. This goes a long way to explaining why they rally on heightened anxiety. The Swiss have lower rates than Japan and the franc is less volatile than the yen, but technicals argue for caution.
Read More »
Read More »
Can Switzerland Survive Today’s Assault On Cash And Sound Money?
“Switzerland will have the last word,” wrote Victor Hugo in the late 19th century. “It possesses one of the most perfect forms of government in the world.” A contemporary of his, Frederick Kuenzli, a scholar of the Swiss Army, boasted: “No purer type of Republican ideals, no more fixed and devoted adherence to those ideals can be found in all the world than in Switzerland.”
Read More »
Read More »
Swiss franc slides 4 percent in one week
On 24 July 2017, the Swiss franc was 1.101 to the euro. One week later on 31 July 2017 it was 1.145, according to Bloomberg. Over the month it dropped from 1.095 to 1.145, a drop Reuters described as the biggest monthly drop in six years. The Swiss National Bank (SNB) has been working hard to bring down the value of the Swiss franc. Speaking to the newspaper Le Temps last week, SNB president Thomas Jordan described the currency as “significantly...
Read More »
Read More »
Great Graphic: What Is the Swiss Franc Telling Us?
Swiss franc weakness is a function of the demand for euros. SNB indicates it will lag behind the other major central banks in normalization process. Easing of political anxiety in Europe is also negative for the franc.
Read More »
Read More »
Swiss franc weakens to symbolic low
The Swiss franc has fallen to its lowest point since the January 2015 unpegging of the currency from the euro. The symbolic moment will be a huge relief to Swiss exporters and the tourism industry. As of Thursday morning, the franc was trading at 1.12 to the euro, a drop of 1.8 percent since Monday. It is the weakest level reached since the decision by the Swiss National Bank (SNB) to remove the cap two-and-a-half years ago.
Read More »
Read More »