SNB Has Aggressive Intention On CHF1.20

The SNB latest policy review is notable for the central bank's "aggressive" intention to defend the CHF1.20 per euro level announced earlier this month, says Bank Sarasin. "The lower growth and inflation forecasts were to be
expected, and the rest of the statement was largely repetitious," says economist Alexander Bee. "It clearly sees the defense of CHF1.20 as key to preventing a recession in Switzerland," he adds

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(Video) Bob Prechter Explains 'Triple Top' Forming in U.S. Stock Market

This excerpt from the special video issue of the August Elliott Wave Theorist brings you Bob Prechter’s analysis of the triple top that has been forming in the U.S. stock market over the past 12 years. Watch as Bob himself explains what this pattern means for you and the markets.

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You’ll get a glimpse into the in-depth analysis Robert Prechter presents each month in his Elliott Wave Theorist with 3 excerpts from his most recent issues.

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