Argentina Gross Domestic Product (YoY) came in at 2.1%, below expectations (2.2%) in 4Q

USD/CHF flat as Fed outlook and Oil-driven USD demand limit downside

The Swiss Franc (CHF) trades flat against the US Dollar (USD) on Friday, reversing part of its earlier gains as the Greenback eases slightly from daily highs. At the time of writing, USD/CHF is trading around 0.7878 after briefly touching the 0.7900 mark.
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Banxico seen holding rates at 7% amid war-driven inflation risks

A Reuters poll revealed that the Bank of Mexico — also known as Banxico for its Spanish acronym — is expected to keep interest rates steady at 7% at the March 26 meeting amid concerns about the Middle East war.
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