{"id":98593,"date":"2020-04-08T11:45:28","date_gmt":"2020-04-08T15:45:28","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=98593"},"modified":"2020-04-08T11:54:26","modified_gmt":"2020-04-08T15:54:26","slug":"102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/","title":{"rendered":"GBP\/CHF: Swiss Franc Lower as Bernie Sanders Drops out of US Presidential Race"},"content":{"rendered":"

The British pound<\/a> is higher against the Swiss franc<\/a> on Wednesday.<\/p>\n

An update from 10 Downing Street that Prime Minister Boris Johnson is responding to treatment in intensive care helped lift sentiment towards the British pound.<\/p>\n

Uplift in global risk sentiment that saw Wall Street open higher and European shares reverse early losses kept a lid on demand for Swiss francs.<\/p>\n

GBP\/CHF<\/a> was down by 85 pips (+0.71%) to 1.2035 with a daily range of 1.1949 to 1.2035 as of 3pm GMT.<\/p>\n

The currency pair had been meandering under 1.20 but shot higher mid day in Europe back above the key figure and taking weekly returns into the positive at +0.33%.<\/p>\n

Check real time GBP to CHF exchange rate<\/span><\/a><\/div>\n

Pound rises as Boris Johnson responds to treatment<\/h2>\n

The pound turned moderately higher against the Swiss franc by Wednesday afternoon but remains off the one-month highs reached at the end of last week.<\/p>\n

News that Prime Minister Boris Johnson was responding to hospital treatment was welcomed by FX traders as an indication of reduced UK political uncertainty. Although Dominic Raab has stepped up to take the helm in Johnson\u2019s absence, there is still a lingering concern about a power vacuum at the top of the UK government.<\/p>\n

The Prime Minister won a powerful mandate as leader of the party and then as Prime Minister in December\u2019s election. Raab doesn\u2019t command that same level of support, making disagreement and indecision in the cabinet more likely.<\/p>\n

Swiss franc lower as Bernie Sanders drops out of US Presidential race<\/h2>\n

Stock markets jumped in the afternoon and demand for havens fell further when Bernie Sanders announced he will drop out of the race to become the President of the United States. Given the historic market turmoil in March, the Swiss franc has been acting as a safe haven in times of uncertainty.<\/p>\n

Bernie Sanders is an admitted socialist which of course chars against the stock market as the ultimate capitalist institution. Sanders is generally viewed by stock market investors as anti-business and likely to raise corporation taxes to the detriment of shareholder returns.<\/p>\n","protected":false},"excerpt":{"rendered":"

The British pound is higher against the Swiss franc on Wednesday. An update from 10 Downing Street that Prime Minister Boris Johnson is responding to treatment in intensive care helped lift sentiment towards the British pound. Uplift in global risk sentiment that saw Wall Street open higher and European shares reverse early losses kept a […]<\/p>\n","protected":false},"author":163946608,"featured_media":97290,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2469,1379],"tags":[2389,1657,2624,2489,1714],"class_list":{"0":"post-98593","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-chf","8":"category-gbp","9":"tag-bernie-sanders","10":"tag-british-pound","11":"tag-presidential-race","12":"tag-swiss-franc","13":"tag-us-president"},"acf":[],"yoast_head":"\nGBP\/CHF: Swiss Franc Lower as Bernie Sanders Drops out of US Presidential Race - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jasper Lawler\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/\"},\"author\":{\"name\":\"Jasper Lawler\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\"},\"headline\":\"GBP\\\/CHF: Swiss Franc Lower as Bernie Sanders Drops out of US Presidential Race\",\"datePublished\":\"2020-04-08T15:45:28+00:00\",\"dateModified\":\"2020-04-08T15:54:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/\"},\"wordCount\":380,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/shutterstock_1425719741-scaled.jpg\",\"keywords\":[\"Bernie Sanders\",\"british pound\",\"presidential race\",\"Swiss Franc\",\"us president\"],\"articleSection\":[\"CHF\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/\",\"name\":\"GBP\\\/CHF: Swiss Franc Lower as Bernie Sanders Drops out of US Presidential Race - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/shutterstock_1425719741-scaled.jpg\",\"datePublished\":\"2020-04-08T15:45:28+00:00\",\"dateModified\":\"2020-04-08T15:54:26+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/shutterstock_1425719741-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/shutterstock_1425719741-scaled.jpg\",\"width\":2560,\"height\":1695,\"caption\":\"swiss-franc-bank-notes - CHF\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/CHF: Swiss Franc Lower as Bernie Sanders Drops out of US Presidential Race\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\",\"name\":\"Jasper Lawler\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"caption\":\"Jasper Lawler\"},\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/jasper\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/CHF: Swiss Franc Lower as Bernie Sanders Drops out of US Presidential Race - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/","twitter_misc":{"Written by":"Jasper Lawler","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/"},"author":{"name":"Jasper Lawler","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200"},"headline":"GBP\/CHF: Swiss Franc Lower as Bernie Sanders Drops out of US Presidential Race","datePublished":"2020-04-08T15:45:28+00:00","dateModified":"2020-04-08T15:54:26+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/"},"wordCount":380,"image":{"@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/03\/shutterstock_1425719741-scaled.jpg","keywords":["Bernie Sanders","british pound","presidential race","Swiss Franc","us president"],"articleSection":["CHF","GBP"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/","url":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/","name":"GBP\/CHF: Swiss Franc Lower as Bernie Sanders Drops out of US Presidential Race - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/03\/shutterstock_1425719741-scaled.jpg","datePublished":"2020-04-08T15:45:28+00:00","dateModified":"2020-04-08T15:54:26+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/03\/shutterstock_1425719741-scaled.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/03\/shutterstock_1425719741-scaled.jpg","width":2560,"height":1695,"caption":"swiss-franc-bank-notes - CHF"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/102963-gbp-chf-swiss-franc-lower-as-bernie-sanders-drops-out-of-us-presidential-race\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/CHF: Swiss Franc Lower as Bernie Sanders Drops out of US Presidential Race"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200","name":"Jasper Lawler","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","caption":"Jasper Lawler"},"url":"https:\/\/currencylive.com\/news\/author\/jasper\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/03\/shutterstock_1425719741-scaled.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/98593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946608"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=98593"}],"version-history":[{"count":3,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/98593\/revisions"}],"predecessor-version":[{"id":98596,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/98593\/revisions\/98596"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/97290"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=98593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=98593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=98593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}