Based on past Switzerland Consumer Confidence news events there is a 80% chance of USDJPY trending upwards. We expect this to happen because the released value is < -10. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion
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02 Aug 05:45 |
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02 Nov 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
