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Swiss Trade Balance January 2018: Imports Cross the 17 Billion Franc Mark

Switzerland Trade Balance, Jan 2018
Author: George Dorgan
Categories: Swiss and European Macro

Although exports fell in January 2018 from the December peak, their trend remains upward. Imports, for their part, began the year with fanfare to sign a record result. In both traffic directions, chemicals and pharmaceuticals made rain and shine.

FX Daily, February 20: Dollar Trades Higher, but Stocks Challenged at Key Chart Point

FX Daily, February 20: Dollar Trades Higher, but Stocks Challenged at Key Chart Point
Author: Marc Chandler
Categories: FX Trends

The dollar is finding better traction today, building on the upside reversal seen before the weekend. The news stream has been light and it seems like primarily an issue of positioning rather than a change in sentiment or the consensus narrative. The focus has shifted from monetary policy and idea that the ECB and BOJ are exiting their extraordinary monetary policy to return of the twin deficit problem in the US.

Weekly Technical Analysis: 20/02/2018 - USD/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF

USD/CHF, February 20
Author: Raffi Boyadjian
Categories: FX Trends

The USDCHF pair approached our waited target yesterday, represented by the bearish channel’s resistance that appears on the above chart, noticing that the price faces good resistance at the EMA50, which forms negative pressure that we expect to push the price to resume its main bearish track again.

Number plate sale sets new record at auction

Number plate sale sets new record at auction
Author: Swissinfo
Categories: Swiss Markets and News

A number plate for the Swiss canton of Zug has sold anonymously at auction for CHF233,000 ($253,353), breaking the previous record of CHF161,000. For now, the buyer of the “ZG 10” plate remains unknown, as the item was sold on Wednesday at an anonymous online auction. Several other car and motorcycle plates were auctioned off at the event, the proceeds of which brought more than CHF500,000 to the treasury of the central Swiss canton.

Gold Up 3.8percent In Week – If Closes Above $1,360/oz Will Be Biggest Weekly Gain In Nearly 2 Years

Gold Price in USD, Aug 2008 - 2017
Author: Mark O'Byrne
Categories: GoldCore

Gold Up 3.8% In Week – If Closes Above $1,360/oz Will Be Biggest Weekly Gain In Nearly 2 Years. Gold rose as the dollar fell to near a three-year low against a basket of currencies on Friday, heading for its biggest weekly loss in nine months, as a slew of bearish factors including firming inflation and a fall in retail sales and industrial production hit the dollar.

Our Approaching Winter of Discontent

Black Market Exchange Rate of Venezuelan Bolivar to US Dollar, 2010 - 2018
Author: Charles Hugh Smith
Categories: The United States

The tragedy is so few act when the collapse is predictably inevitable, but not yet manifesting in daily life. That chill you feel in the financial weather presages an unprecedented--and for most people, unexpectedly severe--winter of discontent. Rather than sugarcoat what's coming, let's speak plainly for a change: none of the promises that have been made to you will be kept.