Swiss Franc forecast page 6 - chf swiss franc

UK Inflation Fails to Support GBP/CHF Exchange Rate The Pound Swiss Franc (GBP/CHF) exchange rate extended its fall on Tuesday, failing to capitalise on the UK’s soaring core inflation rate and the hype that ensued for a May rate hike. Inflation in the UK printed at 3.0% year-on-year in January, consistent with the previous period but...

During the previous week, the Pound rose overall against the Swiss Franc, despite a number of negative UK data releases. The GBP/CHF exchange rate opened around 1.3295 on Monday, later rising to the region of 1.3350 on Friday evening. Key UK takeaways were that inflation had slowed in December, while retail sales had been worse than...

Brexit developments prompted significant volatility for the Pound Swiss Franc exchange rate ahead of the weekend, as markets reacted to the closing statements of the latest round of negotiations. Investors were not impressed by the more cautious tone adopted by chief EU negotiator Michel Barnier, who noted that the two sides are now at a...

This week’s central bank news has proven to be the biggest influence on the British Pound to Swiss Franc exchange rate. Investors bought the Pound after a surprising Bank of England (BoE) meeting but the Swiss National Bank (SNB) meeting was predictably cautious. As a result the Pound has recovered from its worst levels. GBP/CHF briefly...

The British Pound to Swiss Franc exchange rate trended more flatly on Thursday afternoon, falling back from the weekly highs seen earlier in the day. However, GBP/CHF still looked on track to end the week well above its opening levels. Demand for the Swiss Franc improved slightly on Thursday as gold market prices hit a new weekly high....

The British Pound to Swiss Franc exchange rate trended relatively flatly on Thursday afternoon. The Franc has been relatively limp throughout the day and was little changed after the publication of the day’s inflation stats. Friday’s session will see the publication of UK trade data for February, as well as Switzerland unemployment...

GBP Slumps after Juncker’s “Brexit Bill” Comments With direct UK data in short supply today, the GBP CHF exchange rate has dropped by -0.4%. This follows discouraging remarks from European Commission President Jean-Claude Juncker. Commenting on how Brexit negotiations might proceed, Juncker stated; ‘I am [in] anything but in...

The British Pound to Swiss Franc exchange rate slumped on Wednesday afternoon. Investors cooled on the Pound following Tuesday’s rally and demand for traditional ‘safe haven’ currencies like the Franc surged. As demand for the US Dollar weakened and investors began to grow impatient waiting for fiscal policy news from US President...

The British Pound to Swiss Franc exchange rate continued to trend near the week’s lowest levels on Thursday afternoon. Sterling’s attempts to recover were limited by solid demand for ‘safe haven’ currencies. With Federal Reserve interest rate hike bets soaring in the US, investors began to speculate that the world’s biggest...

GBP Demand Limited Today as Annual UK GDP Revised Down The Pound to Swiss Franc exchange rate has been inconsistent today, with Sterling alternately making marginal gains and fractional losses in the pairing. UK news has focused on the release of second estimates for Q4 GDP growth rates, which have shown a rise on the quarter but an...