GBP/USD regains lost ground after positive data

Kingsley Walker Currency Broker T: 01442 892071 E: [email protected] GBP/USD regains lost ground after positive data In what was dubbed as the most anticipated Fed meeting in September passed by as a relative non-event. Janet Yellen stalled on a rate hike in September amid global volatility and uncertainty in the markets however, this has not … Read more GBP/USD regains lost ground after positive data

Sterling gains two cents against Swiss franc

Pound strengthens after BoE report It has been a fairly quiet week for the Swiss franc against most major currencies – that was until today, when the pound rose by over two cents. This rise came off the back of comments from Mark Carney, Governor of the Bank of England, stating that the UK will reach … Read more Sterling gains two cents against Swiss franc

Swiss franc rates: Franc losing ground

Franc drama over, but now rates fall It seems the storm has passed on the Swiss franc markets, with CHF crosses calming down from the drama a couple of weeks ago. Sterling/Swiss franc rates have been gradually pushing back up over the past few days, today sitting above the 1.37fr mark. It would seem that this … Read more Swiss franc rates: Franc losing ground

GBP/AUD falls after SNB announcement

GBP/AUD falls into $1.84s The Australian dollar has been trading firmer after a turbulent end to last week. The Swiss National Bank (SNB) announced on Thursday that they were removing the EUR/CHF cap, previously set at 1.20 francs. As a result the Swiss currency strengthened massively, moving 20 cents against sterling in a matter of … Read more GBP/AUD falls after SNB announcement

GBP/CHF trading back in the range

    GBPCHF is trading back in the range after a period of consolidation following cold water being poured on to the possibility of a UK interest rate rise. All the indicators are pointing towards rates being raised above the lowest level in the last two years towards the mid to end of 2015 following … Read more GBP/CHF trading back in the range

GBPCHF volatility

During September we witnessed an unusual amount of volatility on GBPCHF due to a number of reasons. The Scottish referendum played its role, sparking wide swings. GBPCHF traded between 1.4900 and 1.5500, which is over a 4% move! With the rate starting to consolidate and heading down towards 1.5300, CHF buyers, if they haven’t already, … Read more GBPCHF volatility

CHF still stong amid global uncertainty

In times of global economic turmoil funds flood into the relative safety of stable currencies like the USD, CHF and YEN. With instability in the Middle East continuing, the CHF has continued to strengthen against the pound. Technical levels for GBPCHF remain at 1.5000 support and resistance at 1.5400. When the US bombing campaign in … Read more CHF still stong amid global uncertainty

GBPCHF dips slightly

GBPCHF dips slightly GBPCHF has remained fairly range bound this week with rates dropping to the bottom of the current trading range after worse than expected UK data stumbled the pounds run of good form. The SNB (Swiss National Bank) still has in place a ceiling to prevent the Swiss Franc strengthening uncontrollably with the … Read more GBPCHF dips slightly

“GBP is up, but gains stall against CHF as BOE minutes dampen idea of interest rate hike”

GBPCHF is traditionally a low volatility currency pair, as GBP is relatively stable and the CHF is sought for its relative safety by investors due to its influx of wealth individuals looking to safe guard their funds. Recently the Pound has been strengthening against all majors for the reasons highlighted below. There has been speculation … Read more “GBP is up, but gains stall against CHF as BOE minutes dampen idea of interest rate hike”