The Swiss Franc is forecast to remain strong in 2023 on the back of a resilient domestic economy and its inflation advantage says Swiss private bank, J. Safra Sarasin.
January 12,2023
The Swiss Franc emerged as an early outperformer among major currencies in the opening week of the New Year but inflation and inflation rate differentials suggest that it may be overvalued relative to Pound Sterling while slightly undervalued against the U.S. Dollar and Euro.
January 5,2023
An eight percent fall against a resurgent Swiss Franc is already one of the Pound's heaviest losses of the year but it could be likely to remain under pressure in the weeks ahead, according to strategists at Goldman Sachs, who've suggested that clients consider selling GBP/CHF and betting on a decline to 1.10.
December 20,2022
The SNB has hiked interest rates by 50 basis points and confirmed it would continue supporting a strong currency.
December 15,2022
The Swiss Franc has turned the major currency league table on its head to become the second best performer of 2022 but it could rise further against Sterling and may even have scope to push GBP/CHF back to 1.0555 in the months ahead, according to analysts at Nomura.
November 16,2022
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