Swiss Franc forecast page 9 - chf swiss franc

Pound Sterling forecast The British Pound exchange rate (GBP) was little moved against the Swiss Franc (CHF) as forecasters settled into a waiting pattern ahead of the release of the latest monetary policy meeting minutes from the Bank of England. Investors are widely expecting the minutes to add further support to expectations that the BoE...

The Pound Swiss Franc exchange rate (GBP/CHF) is 1.4993 The second half of this week has seen a major dip in global risk sentiment as a combination of events across the globe caused concern for investors. Political unrest in Libya looks to be escalating into civil war, with Gaddafi’s forces launching an air strike on a rebel-held oil...

Political unrest in Libya is threatening to escalate into civil war as pro-Gaddafi forces move into rebel territory to capture an oil installation in the eastern city of Brega. Government jets have also carried out air strikes against rebel weapons dumps. Continued unrest has seen a return of risk aversion to the markets with the...

The early part of the week saw the Swiss Franc strengthen against the sixteen most-traded currencies following comments by the Chairman of Switzerland’s Central Bank, Phillip Hildebrand. He stated that inflationary pressures in the Swiss economy were being held in check by the strength of the Swiss Franc, which is serving to keep down the...

There was no significant data released yesterday in Switzerland. This meant that additional significance was attached to this morning’s Swiss Unemployment figure for January. Switzerland currently enjoys one of the lowest rates of unemployment of all of the world’s major economies – it currently sits at 3.8%. This morning’s figure...