The Swiss Franc was little changed against the Dollar and Pound on Thursday following the March monetary policy decision of the Swiss National Bank (SNB), which has left the outlook for USD/CHF hinged on the recovery prospects of the all-important EUR/USD and EUR/CHF exchange rates.
March 25,2021
The Franc appeared to reach an intermediate plateau in its year-to-date descent on Friday as the safe-haven store of value slipped in front of Sterling and the Swedish Krona, but a looming period of divergence between central banks could be about to set the Swiss currency onto the slides again as soon as next week.
March 19,2021
The Swiss Franc remained the best performing major currency of 2020 on Friday even as it underperformed intraday, although Swiss National Bank (SNB) intervention is likely to keep the Euro-to-Franc rate above the year’s lows, according to Capital Economicsand Commerzbank, even if its recovery prospects are uncertain.
October 16,2020
There are lots of reasons to buy Swiss: the five-letter prefix is a byword for caché, luxury, workmanship and class.
February 8,2017
The CHF is under sustained upside pressure as investors increasingly seek the franc for its safe-haven attributes ahead of the UK’s EU vote - something that may only increase in the event of Brexit.
June 14,2016
Markets are pricing the GBP to CHF exchange rate to trade towards 1.35 by March 2017, but UBS warn those exposed to the pair should be prepared for unprecedented volatility.
March 24,2016
Buying the Franc may be the best way to protect your sterling exposure ahead of the EU referendum.
April 25,2016