Pound Swiss Franc forecast - GBP CHF

Risk Appetite Slides on Middle East Fears, GBP/CHF Exchange Rate Slumps A slide in risk appetite on Middle East fears has supported the Swiss franc in global markets. The slide in equities has undermined the Pound, especially with US yields sharply higher on the day. In this environment, the Pound to Swiss franc (GBP/CHF) exchange...

Despite high demand for some safe haven currencies like the US Dollar (USD) this week, the British Pound to Swiss Franc (GBP/CHF) exchange rate continues to trend strongly as the Pound benefits more from the market’s mood and coronavirus pandemic speculation. Today’s Swiss data beat forecasts, but unless data continues to come in strong...

Despite weaker demand for the Pound today, the British Pound to Swiss Franc (GBP/CHF) exchange rate is recovering from weekly lows. The Pound has been able to recover a little as markets continue to find the Swiss Franc broadly unappealing. Investors may remain hesitant to buy the Swiss Franc ahead of Thursday’s Swiss National Bank (SNB)...

The Pound’s strong streak may have come to an end for now as investors took profit from the British currency’s bullish February, and the British Pound to Swiss Franc (GBP/CHF) exchange rate has been tumbling from its best levels on new demand for the Swiss Franc as well. The Swiss Franc is a safe haven currency which is often appealing in...

Pound Swiss Franc Exchange Rate Trends Lower in Spite of Rising Swiss Unemployment A higher-than-expected Swiss unemployment rate was not enough to shore up the Pound to Swiss Franc (GBP/CHF) exchange rate on Monday morning. Although Swiss unemployment rose from 3.5% to 3.7% in January this failed to put any particular pressure on CHF...

Fresh lockdowns to dampen the spread of the coronavirus pandemic have hit the British Pound to Swiss Franc (GBP/CHF) exchange rate this week so far. As the pandemic continues to hit many major economies hard and has seen surges in infections over the past month, markets are becoming anxious about lasting impact on the global economy again....

The Swiss National Bank (SNB) has held interest rates at -0.75%. The bank has reiterated that it will continue to intervene to curb franc appreciation despite being labelled by a currency manipulator by the US Treasury on Wednesday. The Euro to Swiss franc exchange rate has strengthened marginally to 1.0800 while the dollar-to-Swiss franc...

Mixed speculation over the direction of UK-EU Brexit talks are keeping the British Pound to Swiss Franc (GBP/CHF) exchange rate under pressure this week. While some investors are more willing to take risks due to coronavirus vaccine hopes, the Swiss Franc is among the market’s most appealing safe havens due to Switzerland’s relatively...

GBP/CHF Exchange Rate Rises as Safe-Haven Demand Sinks on Covid-19 Vaccine Rollouts The Pound to Swiss Franc (GBP/CHF) exchange rate rose by 0.5% today, with the pairing currently trading around 1.202fr. The Swiss Franc (CHF) fell today following the release of the Swiss Consumer Price Index for November, which fell unexpectedly by...

As markets open for the week and investors react to the results of the US 2020 Presidential Election, investors have become more willing to take risks again and as a result the British Pound to Swiss Franc (GBP/CHF) exchange rate has surged. The Pound is seeing some relief from the victory of Democrat candidate Joe Biden, while the Swiss...