Based on past Switzerland Consumer Confidence news events there is a 71.43% chance of KW trending upwards. We expect this to happen because the released value is < 1.5. A price movement of 1,412 pips is expected. Historical events that allowed us to draw this conclusion
15 Apr 09:30 |
05 Feb 06:45 |
04 Nov 06:45 |
02 Aug 05:45 |
02 May 05:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
