Tag Archives: CHF

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. Over the last 24 hours the pound has lost some value against...

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. Brussels have reiterated there will be no changes to the deal on the table...

. The pound is now trading close to a 6 week high to against the Swiss franc which has come as welcome news to the Swiss central bank. Swiss policy makers appear to favour a weaker currency as they aim to control low inflation. Inflation in Switzerland has remained below 1% for quite a while even though interest rates have remained in a negative territory. Since the start of the year as markets have lacked volatility...

The pound to Swiss franc exchange rate has been rather volatile, oscillating in a tight range between 1.2942 and 1.3336 in the last month. There is an expectation that we could see the pound losing further ground with the market bracing for worse news in the future for sterling. Sterling has somehow managed to remain reasonably buoyant amidst all the political uncertainty that lies ahead. This is principally down to...

Even should global economic momentum stabilise in the coming months and political risks abate, the franc still has important structural underpinnings. The Swiss franc has been supported by a structural current account surplus and by reduced investment flows out of Switzerland since the 2008 financial crisis. In addition, the decline in global yields since the Fed’s dovish shift early this year has rendered interest...

Even should global economic momentum stabilise in the coming months and political risks abate, the franc still has important structural underpinnings.The Swiss franc has been supported by a structural current account surplus and by reduced investment flows out of Switzerland since the 2008 financial crisis. In addition, the decline in global yields since the Fed’s dovish shift early this year has rendered interest rate differentials less unfavourable to the franc.The upward pressure on the...

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. Further troubles ahead for...

The pound to Swiss franc exchange rate still struggles to push higher amidst global uncertainty and the pressing issue of Brexit. The Swiss franc maintains the higher ground with its safe haven status amidst concerns of a global slowdown, the effects of which are already being seen across China and the EU. There are now fears that a slowdown is starting in the US which is why the US Federal Reserve has decided to not...

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. The outlook for the pound is now looking much less rosy as investors await the latest news on Brexit and to see if the House of Commons will be likely to...

The pound has once again felt the impact of the uncertainty caused by Brexit and the pound has fallen against the Swiss franc during yesterday afternoon’s trading session. We are now just over a week away from when the UK is due to leave the European Union and the latest update is that the EU will allow an extension until the end of June if Theresa May can get her deal backed in the next few days. Last night the Prime...