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We expect a $0 movement on 6S within 12 hours following the release of Ivey PMI s.a.

We expect a $0 movement on 6S within 12 hours following the release of Ivey PMI s.a at 04 Oct 14:00. We expect 6S to trend downwards 12 hours following the event release at 04 Oct 14:00 if the released value is < 54.3. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

06 Jun 14:00
06 Mar 15:00
06 Feb 15:00
06 Dec 15:00
04 Oct 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect USDCHF to trend upwards today with a 66.67% chance.

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