Currency Line» Swiss Franc

The calm before the storm?

Alex Ellis — Thu, 06 May 2010 16:49:16 +0000

As the curtains close on the currency market tonight, we can only speculate as to what the outcome of tonights election will be and the affect it will have on the currency market. For some of you this may mean that you will be watching the market closely as you have decided to risk your transfer on this one data release, for others you may have taken the plunge and bought your currency before the election, the sensible option in my opinion.

If you are looking to conduct a currency purchase over the next few days, then you will want to keep in close contact with your currency broker. The outcome of tomorrow’s election should spell the future for GBP exchange rates.

Both Swiss Franc and US dollar rates fell by 2% yesterday, this could be the beginning of an extremely volatile period for sterling.

Dan Wright — Tue, 23 Jun 2009 15:32:47 +0000

Sterling weakness – where do we go from here??Sterling has had a terrible day on the markets, bouncing back from a 7 month high against a basket of major currencies. Hopefully this is a minor blip on the road to recovery but the ‘w’ shaped recovery is starting to enter ones mind again!

Early Losses

Tom Higham — Tue, 28 Apr 2009 07:59:08 +0000

Red screen at morn traders be warned! Sterling has started the day losing ground against most the major currencies as the fear of the swine virus continues to plauge trading.