Switzerland: Annual CPI flat in March against forecasts

FXStreet (Łódź) - According to data released today by the Swiss Federal Statistical Office, Swiss annual inflation remained unchanged in March, following a 0.1% drop registered the previous month. Analysts expected a 0.1% fall.

On a monthly basis CPI accelerated 0.4%, up from +0.1% and above consensus of a 0.2% increase.

Fade GBP/USD upticks - OCBC Bank

Emmanuel Ng, FX Strategist at OCBC Bank comments that his preference remains to fade any near term upticks ahead of the busy calendar this week and with GBP/USD now below its 55-day MA (1.6583)...
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