Swiss Franc forecast page 7 - chf swiss franc

The mood towards the Pound deteriorated markedly on Thursday, despite the Bank of England (BoE) substantially raising its growth forecasts for 2017. Less Hawkish BoE Prompted Pound Sterling Downtrend While the BoE took a more optimistic view of the economy in its latest quarterly Inflation Report this was not seen to indicate any...

The Swiss Franc fell from its best levels against the US Dollar on Friday afternoon as market sentiment towards the US Dollar recovered slightly and investors eased their positions on the ‘safe haven’ Franc. Friday’s US data was generally optimistic. While December’s retail sales figures didn’t meet expectations at 0.7%, the 0.6%...

The Euro to Swiss Franc exchange rate continued to fluctuate within a narrow range on Friday afternoon as no fresh influential data moved the exchange rates from the day’s opening levels. The Swiss Franc may see an increase in demand in the next week however as US President-elect Donald Trump will be inaugurated on the 20th and could see...

A modest improvement in the Swiss Consumer Price Index weighed on the Pound Sterling Swiss Franc (GBP CHF) exchange rate, even though domestic inflationary pressure remains a long way short of the Swiss National Bank’s (SNB) target. Strong UK PMIs Failed to Prevent GBP CHF Downtrend Confidence in the resilience of the UK economy was...

The Pound to Swiss Franc exchange rate slipped to its worst levels since November on Friday as Brexit concerns continued to weigh on Sterling appeal despite the day’s decent UK growth results. GBP/CHF fell from the week’s opening level of 1.2818 to a monthly low of 1.2562. Pound (GBP) Fails to Benefit from Friday’s UK Growth...

The Pound is unlikely to be in high demand in the near-term, on account of the latest domestic data concerning July PMI flashes printing extremely poorly. Sterling may be in for a low close to the week, should tomorrow's potentially negative PMI printings gel with today's exceptionally bad retail sales results for June. Pound Sterling...

The coming week is set to bring UK local elections on Thursday; if London Mayor Boris Johnson is removed from his position, the 'Out' campaign may receive a major blow. Pound Sterling (GBP) Exchange Rate Outlook Neutral to Positive The POUND STERLING (currency : GBP) has held its own against the other sixteen most actively traded global...

Pound Sterling (GBP) Outlook Neutral to Positive The POUND STERLING (currency : GBP) was provided with a fair wind during yesterday’s trading session following the publication of a set of draft proposals for reformation of the UK’s relationship with the European Union. The European Commission has given the UK tangible concessions...

Pound Sterling (GBP) Outlook Neutral to Negative on Low Crude Prices Movement for the POUND STERLING (currency : GBP) is displaying an increasingly strong correlation with the price of a barrel of crude oil. Yesterday’s session saw the value of ‘Black Gold’ jump back above the $32 threshold and the Pound enjoyed a strong session as a...

Mixed US Housing Market Data Weighs on USD ahead of FOMC Minutes Conflicting housing market data out of the US this afternoon has triggered uncertainty amongst investors ahead of tonight’s Federal Reserve minutes. The first release of significance Stateside came in the form of the latest weekly Mortgage Approval data and the result...