Category Archive: 1.) Swiss Franc Forecast

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Swiss franc highest against Euro since July 2015

2021-11-22

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2021-11-22

On 19 November 2021, the Euro went below 1.05 Swiss francs, the lowest it has been since July 2015. The Swiss franc is viewed as a safe haven currency and tends to rise when markets are bearish. However, this week the shift in exchange rate may have had more to do with the situation in Euro zone than a shift to safety.

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Why is the Pound to Euro Rate Falling? Will it Continue?

2020-05-19

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2020-05-19

U.K jobless claims were released in early morning trading today, much like many economic data releases the figures were posted at an earlier than usual 07:00, we normally would see a release such as this out at 09:30. The figures, as expected were not particularly great reading for the U.K economy however there was a slight surprise in the fact that the official unemployment rate came in at 3.9% as opposed to the 4.3% which had been expected.

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GBP to CHF Rate: Sterling Supported Against the Swiss Franc as Boris Johnson’s Health Improves

2020-04-13

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2020-04-13

The GBP to CHF interbank exchange rate today has been ranging between 1.2017 and 1.2092. The pound looks supportive today on the back that Prime Minister Boris Johnson, is on the road to recovery from Covid-19.

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GBPCHF Strengthens on News That COVID-19 Spread Appears to Be Slowing

2020-04-03

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2020-04-03

The pound continued to strengthen against the Swiss franc yesterday following the news that the UK’s current lockdown situation appears to be slowing the spread of COVID-19, causing a 0.85% movement in GBPCHF exchange rates throughout the day.

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Pound to Swiss Franc forecast: Brexit limbo hurting Sterling

2019-06-14

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2019-06-14

Political uncertainty & Brexit cause sterling weakness. The pound’s value is being predominantly dictated by Brexit. Over the past month sterling has gradually declined in value against the Swiss franc. There is potential for further falls for the pound due to the lack of clarity surrounding Brexit and the leadership battle for the new Conservative leader.

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Pound to Swiss franc forecast: Brexit to continue to drive pound to swiss franc exchange rates

2019-05-14

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2019-05-14

Since the start of the year the general trend for pound to swiss franc exchange rates has seen the pound strengthen. GBP/CHF mid-market levels started the year in the 1.23s and now are trading in the 1.30s. The pound strengthened as UK Prime Minister Theresa May extended Article50 by 6 months, which means the UK will not leave the EU without a deal.

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Brexit to drive pound to Swiss franc exchange rates

2019-05-08

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2019-05-08

Yesterday the PM’s deputy David Liddington confirmed that the UK will be taking part in European elections, therefore in my view the cross-party talks between Theresa May and Jeremy Corbyn are over. If the Prime Minister thought that they would be able to come to an agreement in the upcoming days Mr Liddington would not have made the announcement yesterday.

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Pound to Swiss franc forecast – Brexit impasse means a fragile pound

2019-04-30

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2019-04-30

Brexit Limbo. At present Theresa May is in talks with Jeremy Corbyn in order to try and come up with a mutually acceptable deal to put to Brussels. The problem is May can’t even get a deal that is acceptable within her own party let alone Labour as well. Her deal has been rejected three times and Brussels are stone walling us on the Irish border.

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Pound to Swiss Franc rates: UK housing price growth hits 6 year low

2019-04-18

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2019-04-18

We have seen a fairly stagnant market following the Brexit extension until 31st October. Although a key factor on GBP/CHF economic date releases will now gain back some of their impact. Yesterday saw the ease of House Price Growth data and figures dropped to a six year low. The average house price of across the UK grew by 0.6%, but property prices in the capital fell by 3.8%.

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Pound to Swiss Franc forecast: Will the GBP/CHF rate drop below 1.30?

2019-04-09

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2019-04-09

There is a very strong likelihood that the pound to Swiss franc exchange rate might slip should Theresa May find herself in trickier waters ahead as she attempts to negotiate an extension on the Brexit deadline this week. Pound to Swiss franc exchange rates could easily slip below 1.30, particularly since the Franc is a safe haven currency that can strengthen in times of economic uncertainty.

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Pound to Swiss Franc Forecast – Will GBP/CHF rates rise or fall on Brexit?

2019-03-27

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2019-03-27

The Brexit date of 29th March has been delayed to the 12th April or the 22nd May as the EU provide a lifeline to the UK to help them avoid a no-deal scenario. This has helped the pound to rise and has provided some of the best rates to buy Swiss Francs in many months.

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Pound to Swiss Franc Forecast: GBP/CHF rate hits near 1-year high

2019-03-15

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2019-03-15

It is now very close to the best time to buy Swiss Francs with pounds since May 2018. The stronger pound and a reduced global risk appetite has seen the move on the GBP/CHF pairing. This is presenting a much improved opportunity to buy Swiss Francs with pounds. Any client wishing to buy or sell on this pairing might benefit from a quick review with our team to best understand what is next, and the potential outcomes.

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GBP/CHF exchange rates: A good start to the year, but what next for Brexit?

2019-03-06

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2019-03-06

Since the start of the year GBP/CHF exchange rates have increased from 1.2377 to 1.3212 at the time of writing this report. To put this into monetary value, a client that converts £200,000 into CHF could now achieve an additional 16,700 Swiss Francs.

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Strong Trade Balance Data Supports the Franc

2019-02-20

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2019-02-20

Gold Swiss Franc Coins
The Swiss Franc has been boosted during early morning trading as investors find the latest Trade Balance data supportive of the economy, with the Trade Balance data coming in showing a surplus of CHF3bn. The strength of the Swiss economy is its exports; in watches, chocolate and specialized industrial engineering.

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Mark Carney Steadies GBP/CHF Rates on Global Viewpoint

2019-02-13

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2019-02-13

Swiss Franc Rates Coin Note
The pound to Swiss franc exchange rate has been steadied following comments from Mark Carney during a briefing on the global economy at the Barbican centre in London yesterday. I was fortunate to be in attendance and was struck by Carney’s confident manner, although he highlighted some major risks ahead which would be key for GBP/CHF rates.

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GBPCHF rates hit near 3-month highs

2019-01-26

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2019-01-26

The Pound to Swiss Franc exchange rate has soared dramatically following a series of revelations in the currency markets and global economy. A big factor is of course Sterling strength, which has arisen on the back of increased feelings that the UK will avoid a no-deal Brexit. This could manifest next week in a Parliamentary vote on whether or not to rule out a no-deal Brexit.

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

2018-12-15

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2018-12-15

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

2018-11-30

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2018-11-30

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

2018-11-21

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2018-11-21

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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Will the SNB raise interest rates?

2018-05-16

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2018-05-16

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.

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