Swiss Franc Market Reports & Forecasts
Our regular forecasts and market reports include up to date information regarding the Swiss Franc. They detail the latest relevant economic and political developments, forecasts and currency rate changes. Subscribe to get the latest information as soon as it’s posted.
The Swiss Franc continues to strengthen with Brexit and the US elections causing market uncertainty. Tomorrow’s consumer price could help bolster the Swiss Franc further.
With the recent ECB decision CHF has taken a recent dive. Will the SNB decide to lower interest rates or take a different approach?
The Swiss Franc has benefited greatly from the recent global uncertainty. The GBP/CHF exchange rate (Pound to Swiss Franc) is currently at its lowest level since May 2015.
Exchanging Pounds to Swiss Franc has been getting more expensive since December. This has been mainly due to weakness in the Pound, rather than Swiss Franc strength, However this could change with trade figures for the Swiss economy due today.
Swiss UBS Consumption data out tomorrow morning to impact Swiss Franc exchange rates.
Today poor Swiss employment figures could result in further losses for the Swiss Franc, while we expect tomorrow’s consumption data to reflect reduced demand for goods. This could offer good opportunities for buying Swiss Francs.
The VW car market forms quite a large part of the Swiss economy and I think this could see the CHF weaken against the Pound.
Following the huge strengthening against the Euro, the Swiss national bank has been losing billions since the start of the year.
There will be a comprehensive set of data released this morning from the UK and EU economic sectors as a whole. These will measure price changes in the industrial and consumer sectors, which are significant indicators when calculating inflation for the economy as a whole.
Until we have some clear results from this election then we are in exactly that position, therefore demand in the Pound slows and Sterling’s value could more than likely drop.
I thought it may be prudent to outline the possibilities that may arise in the coming days, weeks or even months and how they could impact on the value of the Pound.