Based on the last 12 Balance of Trade events in Germany, we could see a $30.631 movement on USDCHF within the next 4 hours. We may see USDCHF trend downwards for 4 hours because the released value is > €9.5B
Historical events that allowed us to draw this conclusion
09 Jun 06:00 |
07 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).