Tag Archives: CHF

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. GBP/CHF rates: Pound rallies against...

Swiss Franc Coins - Click to enlarge In today’s GBP/CHF forecast we look at why the Pound has been coming under a huge amount of pressure recently against the Swiss Franc. Those that have been following the currency markets will be aware that the pressure on GBP is largely owing to the uncertainty caused by the ongoing Brexit talks. We are now just over a week away from arguably one of the biggest events in British...

- Click to enlarge 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. Since the start of the month the GBP/CHF exchange rate has dropped from 1.3160 and is currently trades at 1.2685....

Swiss Franc The Euro has risen by 0.39% at 1.1337 EUR/CHF and USD/CHF, November 29 Source: markets.ft.com - Click to enlarge FX Rates Overview: The biggest US equity advance since Q1 has helped lift global markets today. The MSCI Asia Pacific Index rose for the fourth session, and nearly all the bourses in the region rallied with the notable exception of China and Hong Kong. Almost all the sectors in Europe are...

The Swiss Franc is known as a safe haven currency which means investors buy the franc in times of uncertainty. Over the last couple of weeks the Franc has been gaining ground against most major currencies as events around the globe unfold. Brexit key driver for Pound to Swiss Franc rate 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...

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. It appears that a Brexit deal for the UK is edging closer, but anyone...

Jordan has been chairman of the SNB since 2012. 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. “Jordan emphasised that monetary policy with negative...

I was on the Jay Taylor Show again, to talk about the the Swiss franc. No, the headline was not of my choosing. Adam Caroll gave a Ted Talk about how people behave differently when money isn’t real. And gets into a discussion of how kids will click to spend on their parents’ phones without any real appreciation for what it costs. It’s called “When money isn’t real“. Real being the paper dollar, and unreal being a...

The US dollar is beginning the new week on a soft note, as China threatens not to accept the invitation for trade talks in Washington if the US imposes new tariffs on $200 bln of its goods, which the Wall Street Journal reports could come as early as today. Meanwhile, the MSCI Emerging Markets Index is giving back half of the 2.5% rally seen in the second half of last week. The Turkish lira is leading the emerging...

Swiss Franc The Euro has risen by 0.82% at 1.1289 EUR/CHF and USD/CHF, September 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar’s pre-weekend gains were extended against most the major currencies, but the euro, sterling, and Australian dollar have recovered in the European morning.  Emerging markets currencies are mixed. The euro fell to almost $1.1525 in...