Yesterday the Swiss National Bank announced its continuing commitment to maintaining its EUR/CHF cap at 1.20 and upgraded their growth forecast from 0.5% to 0.8% for 2012. The Pound declined against the almost all of the major currencies yesterday following a credit rating warning from Fitch. The credit-rating agency followed in Moody’s recent footsteps and [...]
Exchange Rate Forecasts
Posts Tagged ‘Swiss Franc’
The Pound declined against the major currencies yesterday following a credit rating warning from Fitch
Friday, March 16th, 2012Pound Sterling to Swiss Franc Foreign Currency Exchange Rate Forecast – The Franc and Gold hit Record Highs…
Thursday, July 28th, 2011By Jon Beddell Foreign Currency Market Update – GBP / CHF Update Last week’s UK economic data was closely watched but did not produce any major surprises. The UK’s monetary policy committee voted 7-2 to keep interest rates at record lows this month according to the minutes released last Wednesday. The two dissenters were in [...]
TorFX – Swiss Franc Update
Wednesday, September 23rd, 2009Market Update – GBP CHF Sterling rallied this morning after the minutes of the last Bank of England meeting revealed that all nine members of the MPC voted to keep the central bank’ asset purchase programme on hold at £175bn. It was the revelation that three members voted for a larger increase at last month’s [...]
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