Based on past United States Continuing Jobless Claims news events there is a 80% chance of USDCHF trending downwards. We expect this to happen because the released value is < 1383K. A price movement of 44 pips is expected. Historical events that allowed us to draw this conclusion
02 Jun 12:30 |
12 May 12:30 |
05 May 12:30 |
21 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
