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Tag Archives: GBP/CHF

FX Daily, May 31: Sterling Takes it On the Chin

Swiss Franc The euro is lower at 1.0885 (-0.18%). EUR/CHF - Euro Swiss Franc, May 31(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Corbyn gains on the Tories. Theresa May calling a snap general selection seemed to be a wise move while the opposition was so weak. With a Tory victory seeming almost inevitable at that point Sterling strengthened against the majority of major currencies. This is due to a...

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FX Daily, May 25: Euro Strength more than Dollar Weakness

Swiss Franc The Euro has fallen by 0.14% to 1.0903 CHF. EUR/CHF - Euro Swiss Franc, May 25(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Pound to Swiss Franc exchange rates have seen a choppy day of trading but almost no net movement whatsoever, with the percentage difference on buying Swiss Franc rates since the opening bell at a paltry 0.01%. Why the quiet market? We are at the back end of the month...

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FX Daily, May 24: Dollar Consolidates, While Market Shrugs Off China Downgrade

Swiss Franc EUR/CHF - Euro Swiss Franc, May 24(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Labour gains ground The Conservatives were in a very strong position following the election announcement. A snap election historically causes the currency in question to weaken, but on this occasion the opposite occurred. A Torie victory is deemed to be positive for the UK economy. Investor confidence grew and...

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FX Daily, May 19: Markets Trying to Stabilize Ahead of Weekend

Judging from investors’ reactions, the only thing worse that than the low volatility environment is when volatility spikes higher, as it did yesterday. Higher volatility is associated with weakening equity markets, falling interest rates, pressure on emerging markets, a strengthening yen and, sometimes, as was the case yesterday, heavier gold prices. A fragile stability has enveloped the markets after US equities...

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FX Daily, May 17: Drama In Washington Adds To Dollar Woes

Swiss Franc EUR/CHF - Euro Swiss Franc, May 17(see more posts on EUR/CHF, ). GBP/CHF Inflation data weakens Sterling. Yesterday saw the release of Consumer Price Index (CPI) data. CPI is a measure of inflation and yesterday we saw a rise from 2.3% to 2.7% month on month. Usually a rise in inflation is deemed as good for an economy, but on this occasion it is a worrying sign. The rapid rise is a direct result of the...

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FX Daily, May 12: Markets Becalmed Ahead of US data and Weekend

Swiss Franc EUR/CHF - Euro Swiss Franc, May 12(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound to Swiss Franc rate has broken 1.30 this week as sterling has risen and investors confidence over the outlook for politics in the Eurozone increased. The election of Emmanuel Macron has removed the uncertainty over the increase in Europe of right-wing parties which could have threatened the...

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FX Daily, April 28: Markets Limp into Month End

Swiss Franc EUR/CHF - Euro Swiss Franc, April 28(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The pound to Swiss Franc rate could hit 1.30 very soon as the market gets closer to this important level of resistance that could easily break through in the coming weeks. The overall expectations for the pound to strengthen on the back of a strong UK election for the Conservatives remain, the Franc should...

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FX Daily, April 26: Dollar Stabilizes Ahead of Trump and ECB

Swiss Franc EURCHF - Euro Swiss Franc, April 26(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF Last week Theresa May called a snap General election due to take place on 8th June. Historically a snap election has caused the currency in question to weaken, however on this occasion Sterling strengthened. It was a shrewd move by May to call an election while the competition is so weak. A conservative...

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FX Daily, April 25: Euro Consolidates Gains, Bond Market Sell-Off Continues

Swiss Franc EUR/CHF - Euro Swiss Franc, April 25(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF We have seen small gains made by the Euro against the Swiss Franc since the result of the first round of the Presidential elections in France, and indeed the Swiss Franc has generally weakened against most major currencies over the course of this week. The SNB (Swiss National Bank) have recently commented...

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FX Daily, March 28: Prospects for Turnaround Tuesday?

Swiss Franc EUR/CHF - Euro Swiss Franc, March 28(see more posts on EUR/CHF, ) - Click to enlarge GBP/CHF The Swiss Franc continues to hold the higher ground as global uncertainty continues to dominate the markets. UBS Consumption Indicator is released tomorrow morning which should give some further clues to as the health of the Swiss economy. The numbers are important as the consumption is the most important...

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