Based on past Germany Inflation Rate YoY Prel news events there is a 85.71% chance of USDCHF trending downwards. We expect this to happen if the released value is > 8.5%. A price movement of 78 pips is expected.
Historical events that allowed us to draw this conclusion
28 Oct 12:00 |
29 Sep 12:00 |
28 Jul 12:00 |
30 May 12:00 |
28 Apr 12:00 |
30 Mar 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
