GBP/CHF — News Archive

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Sterling Suffers from Rising Chances of No-Deal Brexit

The Great Britain pound slumped against all other most-traded currencies today amid concerns that chances for a no-deal Brexit increase. And a hard Brexit can deal a serious blow to Britain’s economy. The currency was trading at the lowest level in about two years.

Swiss Franc Opens Higher, Mixed Afterwards

The Swiss franc opened sharply higher against its major rivals today. While it fell from the opening level against some peers, the Swissie gained on others. Domestic macroeconomic data was negative to the currency.

Brexit Fears Continue to Pressure Sterling

The Great Britain pound declined today as Brexit fears continued to weigh on the currency. The losses were limited, though, and the sterling has managed to eliminate them against some rivals.

Great Britain Pound Attempts to Recover After Starting Session Weak

The Great Britain pound is currently attempting to recover after starting trading very weak. The sterling was soft due to the downgrade of economic forecasts and persisting concerns about probability of a “hard” Brexit.

Brexit Worries Continue to Hammer Pound

The Great Britain pound sank against the US dollar and fell versus some other currencies, including the Swiss franc, today amid concerns that pro-Brexit candidate Boris Johnson is moving closer to becoming a new prime minister.

Pound Rallies as Theresa May Meets Jeremy Corbyn

The Great Britain pound gained on most other major currencies today as British Prime Minister Theresa May was meeting with opposition Labour leader Jeremy Corbyn.

Pound Ends Week Strongest, Future Uncertain

The Great Britain pound ended the past trading week as the strongest currency on the Forex market thanks to the Brexit developments. But with no trade deal in sight and the uncertainty surrounding the outcome of the talks between the United Kingdom and the European Union, analysts are skeptical that the sterling will be able to keep the upside momentum for long.

Great Britain Pound Ignores Positive Data, Falls on Brexit Drama

A slew of macroeconomic reports was released today, and most of them were positive. Yet the Great Britain pound reversed its earlier gains nonetheless as the Brexit drama continued with some negative developments.

Great Britain Pound Surges After Changes Made to Brexit Deal

The Great Britain pound was rallying on Monday on hopes that the UK and EU leaders will be able to negotiate a new Brexit deal, resolving the Irish backstop issue. The sterling continued to move higher at the start of the Tuesday’s session after changes to the deal were indeed made.

Swiss Franc Trades Higher Despite Underwhelming Domestic Data

The Swiss franc traded higher against most of its major peers today despite underwhelming domestic macroeconomic data. The likely reason for that was the fact that most of economic reports released in other countries were not particularly good as well.

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