Argentina Trade Balance (MoM) came in at $788M, below expectations ($971M) in February

USD/CHF Price Forecast: Rejected at 200-day SMA, drops towards 0.7900

The USD/CHF trades more softly during the North American session despite the Swiss National Bank (SNB)'s efforts to intervene verbally in the forex markets to depreciate the Swiss Franc. Broad US Dollar weakness pushed the major down 0.31% to 0.7906.
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NZD/USD rallies despite weak New Zealand GDP and Fed hawkish hold

The NZD/USD pair surges to the 0.5870 level, up 1.30% on Thursday amid broad weakness of the US Dollar (USD) despite the Federal Reserve (Fed) holding decision the previous day and weak economic data in New Zealand .
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