Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $174.439 movement on USDCHF within 2 hours following the event release at 05 Aug 14:00. We expect USDCHF to trend upwards 2 hours following the event release at 05 Aug 14:00 if the released value is > 55.5
Historical events that allowed us to draw this conclusion
05 Jun 14:00 |
05 Mar 15:00 |
06 Dec 15:00 |
05 Nov 15:00 |
03 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
