Large speculators are now holding the largest short CHF position since 2007, while euro and oil longs continue to be trimmed, buyers show up in precious metals.
A combination of dampened risk sentiment amid concerns over Italy, trade wars and North Korea alongside extreme CHF positioning provide scope for CHF gains.
After strong growth in December 2017, exports slid seasonally in January 2018 clearly negative (- 4.2 percent, real: – 5.1 percent). Nevertheless, the Exports the second highest monthly result, thereby increasing the overall positive trend […]
The technical patterns for CHF hint at a mixed bag of performance against USD, EUR, and GBP. View the Elliott Wave patterns and key levels to follow.
Switzerland’s foreign trade surplus increased in November, figures from the Federal Customs Administration showed Thursday. The trade surplus rose to CHF 2.7 billion in November from CHF 2.5 billion in the previous month. In real […]
Foreign trade continued to grow in October 2017, too Within a year, exports are up by 5% on a working day adjusted basis and imports by 7%. Against- However, growth slowed slightly over the previous […]
Switzerland’s trade surplus declined in October, figures from the Federal Customs Administration showed Tuesday. The trade surplus fell to CHF 2.4 billion from CHF 2.8 billion in September. Exports decreased by real 1.8 percent on […]
Swiss interdealer broker Compagnie Financière Tradition SA (SWX:CFT) has reported preliminary summary results for Q3 2017, indicating continued weakness in its Japan Retail FX business, Gaitame.com. Overall, in the third quarter, consolidated revenue at Tradition […]
The euro strengthened against its major rivals in the European session on Thursday, despite political uncertainty in Spain after the Spanish government threatened to take control over Catalonia, as the region’s leader Carles Puigdemont refused […]