Based on past Switzerland KOF Leading Indicators news events there is a 87.5% chance of ZB trending upwards. We expect this to happen if the released value is > 109. A price movement of 85 pips is expected.
Historical events that allowed us to draw this conclusion
29 Oct 07:00 |
30 Sep 07:00 |
28 May 07:00 |
30 Apr 07:00 |
30 Mar 07:00 |
26 Feb 08:00 |
30 Dec 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
