Who pushes the euro course? EUR CHF towards 1.09?

This election was not a shock on the European stock exchanges. For some time, it has been speculated that Boris Johnson will make the race and will be the next head of government. However, it remains unclear how this will affect the Brexit and thus also the euro franc rate. So far, the tendency for the EUR CHF rate is clearly down, and has been so for over a year. Johnson is considered a hardliner and has repeatedly confirmed that he does not rule out a hard Brexit if the EU and GB fail to reach an agreement. The EU has not yet indicated a change in course. However, it has to be considered that the EU leaders will soon be changed and they could take a new course towards London.

In the meantime, especially with the low Euro rate, frontaliers can be considered lucky. At exchangemarket.ch, we immediately notice such developments in the volume of transactions that skyrocket. If you also want to find a favorable exchange rate, then use our currency calculator to compare exchange rates. If you want to change money, you can register online for free.