MENU

Swiss Franc Heads for the Slides as SNB and Central Bank Divergences Set to Dominate FX Agenda

  • Written by James Skinner

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. 

Read more: Swiss Franc Heads for the Slides as SNB and Central Bank Divergences Set to Dominate FX Agenda

Pound-Franc Rate Could Top 1.30 as Christmas Comes Early for SNB

  • Written by James Skinner

The Pound-to-Franc exchange rate is among the top performers in Sterling's major currency complex for 2021 but could rise to new one-year highs above 1.30 in the coming weeks as rising American and British bond yields offer the Swiss National Bank (SNB) an early Christmas.

Read more: Pound-Franc Rate Could Top 1.30 as Christmas Comes Early for SNB

Goldman Sachs See Pound-Franc Upside

Pound to Franc trade Goldman Sachs

Foreign exchange strategists at Goldman Sachs are backing the British Pound to advance against the Swiss Franc, citing an improved UK economic outlook and steady reversal of the impressive buying demand for the Franc seen in 2020.

Read more: Goldman Sachs See Pound-Franc Upside

Swiss Franc's U.S. Treasury Clash Warns of Risks to Other Currencies

  • Written by James Skinner

The Swiss Franc was universally stronger on Friday if not for an unchanged USD/CHF that is at the centre of a looming confrontation between Bern and Washington, which is itself a symptom of broader global problem and a warning of growing risks that lurk along path ahead for other currencies.

Read more: Swiss Franc's U.S. Treasury Clash Warns of Risks to Other Currencies

Google ad