Switzerland Producer and Import Prices (MoM) missed expectations (0%) in February: Actual (-0.4%); -0.8% (YoY)

Axel Rudolph, Senior Technical Analyst at Commerzbank notes that on Wednesday GBP/USD briefly dipped below the late February low at 1.6585 and hit the 1.6570 level before rapidly rising on Thursday to 1.6719 before collapsing...