Pound Swiss Franc forecast - GBP CHF

A quiet start to the week for the POUND STERLING is likely to end tomorrow morning when the latest set of UK CPI inflation figures are published. Analysts are anticipating a slight rise in the annualised figure; if this comes to pass, then given the slightly firmer tone of recent British data releases thoughts of an extension to QE by the...

The Pound to Euro exchange rate (currency : GBP EUR) has crept higher during today’s session in the global currency markets. The move upwards towards 1.1800 was initiated by this morning’s Halifax House Price survey, which showed that UK property prices have continued to edge higher during the first three months of 2013. The survey showed...

With no major UK data releases penned in for the remainder of the week, investors may well pick another target to downsell, following the POUND STERLING’s recent tame performance in the markets. Next week more than makes up for the blank data schedule at the end of this week, and Sterling is expected to trade on a NEUTRAL TO NEGATIVE...

The SWISS FRANC registered a better than anticipated set of domestic Q4 GDP growth data earlier today. The numbers showed that the Swiss economy unexpectedly expanded by 0.2% in the final three months of 2012, suggesting that the Swiss National Bank’s Franc-weakening policy is having the desired effect. However, the GBP CHF exchange rate...

A lot of column inches have been written in recent weeks concerning the next Governor of the Bank of England, Mark Carney, but it was the current incumbent of the top job at The Old Lady of Threadneedle Street who stole the limelight today. This morning’s minutes of this month’s Bank of England policy meeting revealed that three of the...

The POUND STERLING has endured another dismal session in the currency markets, almost totally eradicating its gains of the second half of last week against the other global majors. The fact that this morning’s UK CPI inflation data revealed that the rate of British price rises remains well above target, and yet Sterling has still suffered...

Yesterday’s session saw the Pound Sterling lose ground against almost all of the other sixteen most-actively traded global currencies, with the notable exception of the risk-sensitive South African Rand. The Pound sank to a new 13-month low against the euro, but also slumped to fresh near-term lows against other European currencies...

The fortunes of the Swiss Franc and the euro remain inextricably linked due to the continued maintenance of the EUR CHF floor at 1.2000 by Switzerland’s central bank. The Swiss National Bank introduced the minimum exchange rate between the Franc and the single currency during September 2011 following fears that the burgeoning eurozone debt...

On the face of it, this morning’s session in the currency markets should have been a positive one for Sterling. The latest UK unemployment figures provided grounds for optimism that Britain’s beleaguered economy may at last be showing signs that it has turned a corner. The Office of National Statistics revealed that the overall level of...

Risk was firmly back on the menu during this morning’s trading session thanks to encouraging data releases from continental Europe. Switzerland led the way with the release of Q3 GDP data at 0645hrs GMT. The numbers revealed that economic activity in the Alpine nation expanded by a quarterly 0.6%, far ahead of expectations of a showing of...