Based on the last 12 Ifo Business Climate events in Germany, we expect a $189 movement on USDCHF within 2 hours following the event release at 2022-11-24 09:00. We expect USDCHF to trend upwards 2 hours following the event release at 2022-11-24 09:00 if the released value is > 85
Historical events that allowed us to draw this conclusion
25 Oct 08:00 |
25 Aug 08:00 |
25 Apr 08:00 |
22 Feb 09:00 |
25 Jan 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
